Tag: Crime
Oversharing On Social Media Blamed For Fraud Rise
Oversharing ion social media allows fraudsters a way to steal your money without you even realising, warns a leading bank.
The trend is blamed on...
One In Seven Adults Admit They Are Fraudsters
If you are sitting in a room with seven Brits, it’s likely one of you is a fraudster.
One in seven Brits have confessed to...
Scammers Pose As Fraud Busters To Trick Pension Savers
Retirement savers need to tread carefully online as pension scammers posing as consumer-friendly businesses are offering anti-fraud advice on their web sites.
Financial watchdog The...
HMRC Forces Firms To Hand Over Confidential Client Papers
HM Revenue & Customs is secretly collecting evidence about the financial affairs of suspected tax dodgers from professional service businesses.
HMRC’s Criminal Investigation Directorate issued...
Fraudsters Snatch £500m From Scams In Just Six Months
Fraudsters netted £503 million and diverted the cash to organised crime in the first six months of the year, according to new data.
Trade body...
Runaway IFA Convicted Of Trading Without A Licence
A rogue IFA is on the run after a Dubai court convicted him of running a financial services business without a licence.
Neil Grant is...
Are You Smart Enough To Spot A Scam?
If you think you know what you are doing when making financial decisions, new research suggests you should think again.
Most people believe they are...
Dodgy Investment Advice Costs Finance Industry £125m A Year
Bad advice about dodgy investments is costing the financial services industry tens of millions a year.
The chief of Britain’s compensation service that pays out...
Boiler Room Scammers Guilty Of £1.4m Fraud
Scammers raised £1.4 million from hundreds of unwary investors by claiming worthless shares in a health care company would generate stellar returns.
The gang tricked...
£100 Million Lost In Bank Transfer Scams
Claiming compensation may become easier for fraud victims scammed into transferring huge sums of money to bank accounts controlled by crooks.
In the first six...
£100m Carbon Credit Scammers Jailed
A fake green investment gang who duped nearly 800 celebrities and wealthy investors into handing over more than £100 million has been jailed.
The six-strong...
£1m Pension Scammer Jailed For Six Years
A pension scammer who lured clients into handing over their retirement savings with promises of huge returns has been jailed for six years.
Darren Say,...
Tax Avoidance Crackdown Raises £30 Billion
The UK tax man has raised almost an extra £30 billion in the past year from cracking down on avoidance.
The boost came in a...
Pension Scammers ‘Groom’ Victims To Hand Over Savings
Pension scammers have come up with a new way to snare retirement savers by giving them a script with what to say to avoid...
White-Collar Gangsters Scam Retirement Savers
Hundreds of Scottish retirement savers have handed their pension pots over to criminal gangs who placed investment invitations in newspaper adverts.
Police believe organised crime...
Serious Fraud Doubles To £1.5 Billion
Fraudsters managed to dupe their victims out of almost £1.5 billion in 2015, according to financial experts.
The amount is more than double the tally...
Thousands Of Expat Passports Lost Or Stolen
Tens of thousands of expats, business travellers and holidaymakers report their passports lost or stolen to the British Foreign and Commonwealth Office every year.
Many...
Investors Warned Of Crowdfunding Crooks
US investigators have issued an alert about reward based crowdfunding that has been infiltrated by suspected scammers and crooks.
Reward based crowdfunding is when a...
Expat Benefit Fraudsters Warned About False Claims
Expat benefit fraudsters who try and claim money at home while living abroad are facing a British government crackdown.
Thousands of benefit fraudsters leave the...
Travellers Face Exit Checks When Leaving UK
Travellers leaving the UK will have to undergo exit checks to help police track illegal immigrants, criminals and terrorists staying in the country without...