Frauds

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

The City of London Police has issued a bulletin warning young people to be cautious of so-called “ghost brokers.”

https://www.insurancebusinessmag.com/uk/news/breaking-news/ghost-brokers--city-of-london-police-issues-warning-312049.aspx#.YV2Y3m60oBE.twitter

UK banks are preparing to launch an emergency hotline – dubbed the industry’s answer to 999 – later this week, in an effort to tackle surging levels of fraud.

https://www.cityam.com/999-for-banks-lenders-set-to-launch-customer-hotline-to-tackle-fraud/

A fraudster who stole bank details to buy a £40,000 Rolex and fund a jet-set lifestyle has been jailed.

https://uk.news.yahoo.com/950-000-spree-fraudster-intercepted-100826526.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

Young men are particularly likely to fall victim to fraudsters selling fake car insurance, according to police figures.

https://uk.sports.yahoo.com/news/warning-over-ghost-broking-car-230100505.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr