Frauds

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.

Fraud prevention organisation Cifas said that facility takeover fraud had increased by a fifth in the first nine months of 2020, with this type of fraud typically peaking at Christmas.

An elderly couple from Staffordshire have been conned out of thousands of pounds by fraudsters posing as police officers seven days before Christmas.

https://www.expressandstar.com/news/crime/2020/12/21/investigation-launched-after-elderly-stafford-couple-conned-by-people-pretending-to-be-police/

A WARNING has been issued after over 100 reports of a fraud where scammers pretend to be police officers.

An internet fraudster from Kent who stole more than £1 million through used car sales scams, has been jailed.

A BARCLAYS fraud investigator stole his grandparents’ life savings and blew it on ‘gambling, escorts and holidays’.

The unprecedented events of 2020 have had a significant impact on the way cyber criminals have developed and administered attacks. Not only are we seeing the emergence of Ransomware 2.0, we're also seeing a continued explosion in invoice and payment-based business email compromise (BEC) fraud.

Onfido, the global identity verification and authentication provider, is today launching its Identity Fraud Report 2020, which reveals that the risk of identity fraud has increased significantly with attacks occurring more frequently since the start of the pandemic.