Frauds

There has been a significant increase in fraudulent tenant activity in recent months, new research shows.

https://propertyindustryeye.com/sharp-rise-in-fraudulent-activity-leaves-agents-on-high-alert/

The UK government has confirmed plans to require pension trustees and scheme managers to rubber-stamp pension transfers as part of its efforts to crack down on pension scams.

https://www.pinsentmasons.com/out-law/news/uk-pension-transfers-subject-red-flag-anti-scam-regime

Romance scams are undoubtedly a particularly cruel form of fraud, preying on people’s need for love and connection - often via dating sites and social media - and exploiting that to steal not just people's money, but their self-esteem and sense of trust.

https://www.cosmopolitan.com/uk/love-sex/relationships/a36457311/romance-scams/

UK consumer group Which? is calling on banks and building societies to publish figures on the proportion of customers they refund for authorised push payment (APP) fraud.

https://www.finextra.com/newsarticle/38061/which-calls-on-banks-to-come-clean-about-app-fraud-refunds

A man has been jailed for orchestrating fraudulent motor insurance claims and cloning a claims management company (CMC) to pass them to a firm of solicitors in return for referral fees.

https://www.legalfutures.co.uk/latest-news/jail-for-conman-who-cloned-cmc-and-sold-fake-pi-claims-to-law-firm

Fraudsters are poised to target the public with ticketing, travel and health insurance scams as we all rush to book much longed-for social activities this summer.

https://www.stratford-herald.com/news/fraudsters-ready-to-exploit-easing-of-lockdown-9199484/

Suspect pension transfers could be blocked or paused by a system of “flags” under plans to clamp down on scammers.

https://uk.finance.yahoo.com/news/flag-system-proposed-tackle-pension-114751609.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

The government wants to allow pension providers to block suspicious transfers with the help of a warning flag system for schemes.

https://www.ftadviser.com/pensions/2021/05/14/govt-consults-on-red-flag-pension-transfer-protections/

Ovidijus Margelis sent packages in a plot to get fraudulent refunds, a court heard.

https://www.expressandstar.com/news/uk-news/2021/05/14/jail-for-student-who-sent-explosive-devices-through-the-post/

The three defendants in The Pensions Regulator's (TPR's) investigation into a 'multi-million-pound' pension fraud have appeared in court again this week, with a trial date now confirmed for June 2022.

https://pensionsage.com/pa/2022-court-date-set-for-multi-million-pound-pension-fraud-case.php