Scams

Most investment scams relating to authorised push payment (APP) fraud originated online, UK Finance has found.

https://www.ftadviser.com/your-industry/2021/05/28/almost-all-investment-push-scams-originate-online/

Financial institutions should evaluate whether the technology, controls and processes they have in place are sufficient to address the risk that their customers fall victim to investment scams run by unregulated businesses, legal experts have warned.

https://www.pinsentmasons.com/out-law/news/fca-action-online-investment-scams

Eight people have been arrested in a series of police raids targeting individuals sending scam messages.

https://www.essexlive.news/news/essex-news/eight-arrested-dawn-raids-colchester-5451767?utm_source=twitter.com&utm_medium=social&utm_campaign=sharebar

Whatsapp users have been sent an urgent warning over a new scam which could provide fraudsters access to their personal messages.

https://www.herefordtimes.com/news/19319952.receive-whatsapp-message-not-reply---scam/?ref=twtrec

Eight people have been arrested in a series of dawn raids as part of an investigation into bogus Royal Mail text message scams.

https://www.kentlive.news/news/uk-world-news/breaking-royal-mail-scam-arrests-5448839?utm_source=twitter.com&utm_medium=social&utm_campaign=sharebar

New official figures have revealed the extent of the threat posed by online fraudsters. The National Cyber Security Centre (NCSC) has removed more scams in the last 12-months than in the previous three years combined.

https://www.finextra.com/blogposting/20343/how-sophisticated-security-methods-can-help-in-the-battle-against-online-fraud

Crimestoppers has joined forces with TSB to educate you on Money Mule scams - we want you to stay suspicious of social media scams so you don’t fall victim.

https://crimestoppers-uk.org/campaigns-media/campaigns/dontbeamoneymule

Payments 20 (P20), a voice of the global payments industry, is calling on the industry to work together to combat payee scams which have increased exponentially since the start of the Covid-19 pandemic in 2020.

https://thefintechtimes.com/p20-calls-for-industry-collaboration-to-tackle-payee-scams-in-new-report/

Charlie Shakeshaft, CEO of Individual Protection Solutions, reacts to the new Online Safety bill, acknowledging the pros and cons, and what more needs to be done by the government to ensure people are adequately protected online

https://www.openaccessgovernment.org/online-safety-bill-fails-to-protect-societys-most-vulnerable-from-malicious-scammers/110320/

Doorstep scammers are back in business after lockdown, as investigators issue warnings over a silent epidemic of unrecorded crime.

https://www.msn.com/en-gb/news/uknews/new-warnings-over-doorstep-scammers-as-freedoms-return/ar-BB1gmLtB?ocid=st