Frauds

Home-movers are being warned to watch out for scams which could involve their identity and large sums of money – such as their deposit – being stolen.

2020 has been a dramatic year for the UK and global advertising industry. Google Chrome announced it will kill off third-party cookies by January 2022, Apple introduced two ‘anti-tracking’ features in September and the pandemic brought digital fatigue as well as increased ad fraud.

If there has been one main trend this year, it has been the digital transformation of services. Particularly when it comes to payments, the uptake of digital wallets and other payment methods has increased tenfold. However, unfortunately with this increase in online services also comes an increase in potential fraud opportunities.

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UK Finance has warned homebuyers to take steps to avoid being scammed, as the end of the stamp duty holiday looms.

Recent reports by acquiring banks have identified a surge in card testing attacks detected on merchant sites during this pandemic year. As ecommerce volumes increase and new businesses move online, it is crucial to be aware of card testing fraud, and learn how to identify and prevent it.

Statistics from the National Fraud Database reveal facility takeover fraud increased by a fifth in the first nine months of 2020

21 people have been arrested across the UK as part of an operation targeting customers of an online criminal marketplace that advertised stolen personal credentials.

A man was sentenced to a year’s imprisonment for fraudulent insurance claims, which could have inflicted a potential loss of £107,594 on some of the UK’s biggest insurers.

In the past 24 hours, Action Fraud has received 120 reports of courier fraud. Victims have reported a particular tactic of being called by someone impersonating a police officer. The suspect uses the name Eric Shaw and gives over his badge number, in order to appear trustworthy to victims.

Detectives are advising the public to be on their guard following a number of fraudulent calls throughout 2020 where fraudsters have been posing as Police Officers requesting money from potential victims.