Frauds

SmartSearch has called on lenders, brokers and conveyancers to learn the lessons from the government’s failure to prevent the loss of billions in COVID-related fraud over the past 12 months.

23 February 2021: What will be the impact and consequences of the FCA’s proposed increase in the contactless limit to £100, intended or otherwise?

A scam warning has been issued after a Shropshire resident was almost conned out of nearly £200.

Pension scheme trustees should be allowed to veto a transfer, according to the chairman of the work and pensions select committee.

A man has been sentenced for making a £50,000 Income Protection claim whilst working three paid jobs, following an investigation by the City of London Police’s Insurance Fraud Enforcement Department (IFED).

Five senior Russian Athletics officials have been banned after an extraordinary conspiracy, involving inventing a car accident and falsifying medical records from a fake clinic to protect a world champion high jumper from a doping ban, was unearthed by the Athletics Integrity Unit.

FW discusses managing identity fraud risks with Nadine P. Tollefsen at Brown Rudnick LLP, Philip Allister at FTI Consulting, and Andrew Herring at Pinsent Masons LLP.

Sift, a provider of Digital Trust & Safety, has announced that it has identified a fraud scheme where cybercriminals leverage the Telegram messaging platform to steal from restaurants and food delivery services. Research and analysis from Sift’s Digital Trust and Safety Architects found that bad actors are advertising their services on Telegram forums in order to purchase food and beverage orders at a reduced price, using stolen payment information on behalf of customers.

Romance fraud has increased during lockdown with the average victim losing £7,850.

Suspected benefit fraudsters in the UK are being subjected to excessive surveillance techniques such as being tailed by government officers or identified in CCTV footage, according to a report.