Scammers Send Messages About Fake State Benefit Payments: Scheme

Fraudsters came up with a new scheme to deceive Ukrainians during the war. They began to send fake messages to Ukrainians, which allegedly paid benefits from the state. However, in order to get it, you need to pass an urgent... Read more

"Sold" ammunition and "collected" money for the army: in the Carpathian region, a prisoner of the colony was exposed on fraud

In the Carpathian region, cyber police officers exposed a 23-year-old prisoner of a colony on fraud. It is noted that the young man was serving a sentence in prison. Created fake accounts on social networks. There he posted ads to... Read more

The police detained a resident of Kiev: he deceived the volunteers of the capital for half a million hryvnias

In Kyiv, law enforcement officers detained a man who deceived the capital’s volunteers. A man during March-April of this year, under the pretext of supplying military equipment for the needs of the Armed Forces of Ukraine, took possession of the... Read more

In the Khmelnitsky region, a migrant from Severodonetsk was deceived: almost 50 thousand UAH were stolen from the card

Since the beginning of the war, there has been an increase in the number of cases where fraudsters managed to cash in on gullible citizens. In the Khmelnitsky region, unknown persons profited from a 54-year-old migrant. The woman temporarily moved... Read more

In the Kharkiv region, "carriers" offer "evacuation": payment in advance on the card

In the Borovsk community of the Kharkiv region, scammers offer the population evacuation for money from the temporarily occupied territory, while at the same time, real carriers exclude such a possibility. In the Kharkiv region, “carriers” offer a service for... Read more

Pension fraudsters face jail after ‘mastermind’ killed himself

Two fraudsters have been sentenced to prison for fleecing pension savers out of £14m after the brains behind the scam killed himself.  The trio persuaded 245 people to transfer savings into fraudulent pension schemes, the Crown Court has ruled.  Alan... Read more

Hackers for hire attempt to destroy hedge fund manager’s reputation

Hackers bombarded a British hedge fund manager with 3,000 emails and fake news stories about his mortgage in an effort to destroy his reputation after being hired by a corporate rival. Criminals even sought to gain personal information about Matthew... Read more

Luxury brands seize thousands of fake items in counterfeit crackdown

Major luxury brands including Burberry, Cartier and Louis Vuitton have seized thousands of items from alleged unauthorised traders in a crackdown on counterfeit goods.  The fashion houses, which also include Hermès, Versace, Tory Burch and Michael Kors, took possession of... Read more

Former Swiss ‘banker of the year’ jailed after putting strip clubs on expenses

Switzerland’s banking industry has been rattled by another scandal after one of its former top bosses was jailed for claiming nearly 200,000 Swiss francs (£165,000) on expenses to cover his visits to strip clubs. Pierin Vincenz, the former chief executive... Read more

Brexit made it harder for police to send more fraudsters to jail, say courts

Brexit is to blame for the failure to prosecute more fraudsters, the Crown Prosecution Service (CPS) has claimed. Gregor McGill, the director of legal services at the CPS, told the Commons justice committee that leaving the EU had created problems... Read more

Brexit blamed for the low number of fraud prosecutions

Brexit is to blame for the failure to prosecute more frauds, the Crown Prosecution Service has claimed. Gregor McGill, CPS director of legal services, told the Commons justice committee that leaving the EU had created problems for police pursuing fraudsters... Read more

‘My father nearly missed out on £885k payout because Barclays ignored the ombudsman’

Dear Reader, I phoned Barclays to ask what on earth it thought it was playing at forcing an elderly victim of crime to play stick or twist with his life savings. I said your father needed confirmation that if his... Read more

‘Crash for cash’ fraudulent insurance claims soar

Insurers have warned of harsh consequences for the rising number of people making false or exaggerated claims. Thousands of policyholders have made fake claims in an attempt to generate money to cover the cost of living crisis Insurer LV has... Read more

How to avoid contactless card fraud in 2022

Britons spend billions of pounds each year using contactless bank cards, but after the spending limit was increased to £100, many users have concerns about their security. Contactless technology was introduced as a simple way to make quick, small purchases... Read more

British businessman imprisoned in Dubai accuses Islamic bank of trying to ‘punish’ him

A British businessman imprisoned for fraud in Dubai has accused the world’s oldest Islamic bank of seeking to “punish” him with another 20 years behind bars despite having completed his original sentence and being “close to destitute”. Charles Ridley has... Read more

How New York City became home to the con-artist

Even Delvey’s lawyer argued that she was a “fake it until you make it” hustler. The phrase can be traced to a song written by none other than two very talented New Yorkers, Simon & Garfunkel. Released in the summer of... Read more

Fraud victims short-changed as just one in 1,000 cases solved by police

Just one in 1,000 frauds are solved by police as officers are accused of “looking for excuses not to investigate”. Just 4,924 fraud offences resulted in a charge last year out of more than five million scams reported by people... Read more

British businessman imprisoned in Dubai accuses Islamic bank of trying to “punish” him

A British businessman imprisoned for fraud in Dubai has accused the world’s oldest Islamic bank of seeking to “punish” him with another 20 years behind bars despite having completed his original sentence and being “close to destitute”. Charles Ridley has... Read more

Midlifers bled dry by scam that takes two months to spot

Midlifers are being targeted by a complex financial fraud that can take victims two months to realise they have been conned. Scammers seduce people into believing they are seeking a romantic relationship and convince victims to hand over large sums... Read more

MPs accused of letting fraudsters off the hook and ignoring victims’ pain

Martin Lewis, the founder of the consumer website MoneySavingExpert, urged the Business Secretary to apologise, saying his comments were “outrageous”.  “Millions of people face it every day. I’ve had over 30 scam reports just about me today,” he said. “To... Read more

Rapping TikTokker aka ‘the Crocodile of Wall Street’ revealed as woman arrested for $3.6bn Bitcoin fraud

When the US Justice Department announced on Tuesday that it had unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in Bitcoin, the world of finance waited with baited breath for the masterminds involved in the ploy to be unmasked.  ... Read more

Kwasi Kwarteng faces backlash for defending PM’s ‘misleading’ crime statement

Kwasi Kwarteng was accused of disrespecting victims of fraud after defending the Prime Minister’s “misleading” claim that crime had fallen by 14 per cent when it had in fact risen by 14 per cent. The Business Secretary said Boris Johnson... Read more

Mike Lynch quits Darktrace adviser role as he fights extradition to US

Mike Lynch has resigned as an adviser to Darktrace, the London-listed cybersecurity company, a week after Priti Patel ordered the former Autonomy boss’s US extradition to face criminal charges. Mr Lynch, 56, has stepped down from Darktrace’s science and technology... Read more

Fraud fury poses a serious challenge to Rishi Sunak’s leadership hopes

In those early days of the pandemic, he could do no wrong. The Chancellor was widely applauded for responding quickly and decisively to shore up the economy when it first erupted, pledging to do “whatever it takes”. But the halo... Read more

Treasury ‘stopped Britain’s FBI from investigating Covid loans fraud’

A wave of fraud linked to the scheme is expected to cost the taxpayer as much as £5 billion, and Lord Agnew told peers the Treasury appeared to have “no knowledge of, or little interest in, the consequences of fraud... Read more