Money Launderers Jailed Over £67,000 Phone Banking Fraud

Monday 21st January 2019

A student has been jailed and four others have been sentenced over a £67,000 phone fraud. The judge in the case said the defendants acted as money launderers for a gang who defrauded a care home owner out of her entire life savings and destroyed her life.
The scam caused the victims business […]

Scammers Target Netflix Accounts

Wednesday 2nd January 2019

Netflix are warning customers to be vigilant after millions of users are targeted by scammers. The problem has become so bad the US government has issued an official warning about the highly convincing emails asking them to update their payment details, and a version of this scam is seeing users in the […]

Scammers Stole Dad’s Christmas Savings!

Monday 3rd December 2018

A dad from Scotland, no longer has any money left to buy his two children Christmas gifts after scammers stole his life savings from his bank account.
The 31 year old oil rig worker was targeted by scammers claiming to be staff from his bank. Rhys was the victim of a convincing number […]

Marriott Guest Reservation System Hacked

Friday 30th November 2018

Marriott says its guest reservation system has been hacked, potentially exposing the personal information of over 500 million guests. The world’s biggest hospitality company said 500 million guests information were at risk of a massive data breach that has been going on since 2014. Marriott said hackers had gained unauthorised access since […]

Uber fined £385,000 for losing customer data

Wednesday 28th November 2018

The Information Commissioners Office has fined Uber £385,000, for allowing hackers to steal data on 2.7 million UK customers. In 2016, hackers managed to obtain full names, addresses and phone numbers of Uber customers and the ICO said the whole incident was avoidable. Uber has also been fined 600,000 euros by regulators […]

The 12 Scams of Christmas

Tuesday 20th November 2018

As you’re busy planning for Christmas, the scammers are too, looking to earn some extra cash for Christmas and ruining others in the process. 2017 saw record numbers of scams and millions of pounds lost, but how can we avoid the trap this year? Well, arming yourself and others with information and […]

Is Financial Crime Investigated Adequately ?

Thursday 11th October 2018

An automated police run system is stopping 450,000 cases from being investigated by police officers adequately, and the cause is an unprecedented rise in financial crime.
Home Office Minister Ben Wallace released the figures after being questioned about whether or not financial crimes in the UK were being dealt with properly. A Lib […]

Is Cryptocurrency the real deal or the biggest scam ever?

Monday 8th October 2018

Action Fraud, The Financial Conduct Authority and Government ministers have all warned of the dangers of cryptocurrency and how dangerous the lack of regulation in the market is. Statistics released by Action Fraud show that in June and July, victims reported losing an average of £10,000 per person, with 203 reports made […]

Financial Ombudsman Service Tells Banks To ‘Stop Blaming Victims’ !

Thursday 30th August 2018

In their latest newsletter, the Financial Ombudsman Service (FOS) has warned banks to treat victims of financial fraud more fairly, instead of assuming the victim was grossly negligent and to blame.
FOS see thousands of complaints from customers, who have had money stolen from their accounts, and assesses cases where the bank and […]

Crackdown on Fraud must target new generation of online scams.

Tuesday 7th August 2018

As people are becoming more and more aware of the types of scams out there, scammers are having to create new ones, to replace the old ones. We are all aware of Phising but have you heard about Vishing, Spoofing, Twishing and Smishing ?
Neither had we, but these are just some of the […]