Frauds

Clever scammers offering get-rich-quick investments have tried to trick 80 per cent of investors aged over 55 out of their savings in the past year.

https://www.iexpats.com/scammers-pension-grab/

Shoppers are being warned to watch out for purchase scams as Black Friday approaches on November 26.

https://uk.finance.yahoo.com/news/shoppers-warned-watch-purchase-scams-230100246.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

A man from Cambridge has been jailed after selling fraudulent car insurance deals to Polish community members living in the UK.

https://insurancefraudbureau.org/media-centre/news/2021/fraudster-receives-30-months-imprisonment-after-selling-bogus-car-insurance-to-polish-nationals/#

A man has been jailed for laundering over £900,000, after a bank was duped into making a transfer, following a fraudulent email from someone purporting to be one of their clients.

https://www.cityoflondon.police.uk/news/city-of-london/news/2021/pay-the-price-man-jailed-after-being-found-guilty-of-laundering-over-900000/

A man from Cambridge has been jailed for money laundering after targeting Polish nationals living in the UK by offering fraudulent insurance broking services.

https://www.cityoflondon.police.uk/news/city-of-london/news/2021/lost-in-translation-ghost-broker-who-targeted-polish-community-jailed/

Action Fraud is warning the public to protect their loved ones as criminals cheat older and vulnerable victims out of cash and high value items through courier fraud.

https://www.actionfraud.police.uk/news/warning-from-action-fraud-as-criminals-continue-to-target-the-elderly

Communication consultancy Quietroom has urged pension firms to put its anti-scams animation on their websites to help people detect scams.

https://www.ftadviser.com/pensions/2021/10/11/don-t-get-suckered-in-scams-warning-animation-launches/

Insurers adapt to the unprecedented challenges of the pandemic, with the value of the average general insurance fraud and detection rates both up.

https://www.abi.org.uk/news/news-articles/2021/10/detected-fraud-2020/

More than half of recent ghost broking reports were submitted by men, and people aged 17 to 29 are the most likely age group to report falling victim.

https://www.independent.co.uk/money/warning-over-ghost-broking-car-insurance-fraud-b1931595.html

The average general insurance fraud detected last year was for £12,000, marking a £600 increase compared with 2019 when it was £11,400, according to industry figures.

https://uk.news.yahoo.com/cheat-tried-eat-forged-evidence-230100102.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr