Frauds

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.

A WOMAN who stole nearly £10,000 to fund her gambling addiction has been ordered to pay every penny back.

Here at Pensions Age, cheerful bunch that we are, we’ve been reflecting on how the possibility of a bit of romance can impact savers’ retirement pots and how fraudsters use this to their advantage.

A student caused mass disruption and panic around the UK when he sent improvised explosives through the post as part of an elaborate fraud plot.