Frauds

A pair of romance fraudsters have been jailed for conning five victims they met on dating sites out of £200,000.

https://uk.sports.yahoo.com/news/camberwell-romance-fraudsters-jailed-200k-123907689.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

A fake builder scammed 11 people out of more than £1 million and left families with wrecked homes to fund his gambling habit. Richard Nicholls, 38, left his victims with unfinished extensions and carried out shoddy home improvement work before asking them to pick up the bill.

https://www.coventrytelegraph.net/news/uk-world-news/fake-builder-scammed-11-people-25846156

Increasingly individuals across the UK are meeting people online, on social networks, through online gaming, dating platforms, anywhere people chat online - and therefore more and more people are building relationships with people they’ve never met in person.

https://crimestoppers-uk.org/campaigns-media/campaigns/tackling-romance-fraud

A "cruel" woman, pretending to have cancer, defrauded seven neighbours and her landlady out of nearly £15,000.

https://www.itv.com/news/central/2022-12-21/cruel-woman-who-faked-cancer-conned-neighbours-and-landlady-out-of-14k

A MAN denied running a large-scale football ticket fraud over many years when he made his first appearance before York Crown Court.

https://uk.sports.yahoo.com/news/man-denies-running-1m-premier-134000575.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

A man living in Coventry has been sentenced to three years imprisonment after fraudulently trying to claim £520,000 in life insurance payments after his brother died from Covid-19.

https://www.ftadviser.com/protection/2022/12/08/man-jailed-for-520k-fraudulent-life-insurance-claims/

The 2023 Identity Fraud Report from Onfido has revealed a rise in scaled, en masse attacks on company networks happening 24/7

https://www.information-age.com/fraud-rings-scaling-attacks-around-clock-onfido-research-123500914/

At its most simple, business compromise fraud involves a fraudster compromising a business’s IT systems and tricking that business or another business into willingly making bank transfers to the fraudster. The crucial point is that these frauds – also known as authorised push payment (APP) frauds – involve a payment being made by a person in control of the account who is labouring under a false assumption that the payment details they are using are legitimate, whereas in fact the payee account is controlled by fraudsters. Scams can take on many shapes and forms, including: (i) the fraudster assuming the identity of senior management and asking someone within the financial department to make a transfer; (ii) hacking an employee’s email account in order to request payments be made to vendors; and (iii) hacking a vendor’s account in order to request payments. When the fraud succeeds, the fraud will result in a company’s bank transferring funds to a fraudster’s bank account at its bank.

https://www.financierworldwide.com/the-rise-and-rise-of-business-compromise-fraud-a-victims-toolkit#.Y6Ayi3bP2Ul

THE finance regulatory body has warned a large number of Scots are at greater risk of loan fee fraud this Christmas as their study found increasing numbers are willing to take on more debt to maintain festive spending.

https://www.heraldscotland.com/news/homenews/23189636.scots-warned-loan-fraud-risk-cover-cost-christmas/?ref=twtrec

Attempted fraud has risen steeply within the letting sector in recent months, according to CIFAS, the fraud prevention database.

https://propertyindustryeye.com/database-reveals-huge-spike-in-letting-fraud/