Tag Archives: Fraud

A family that defrauded Royal Mail of £70 million bought properties “like Donald Trump”, a court has heard. Parmjeet Sandhu, 56, and his nephew Balginder Sandhu, 46, were part of a scheme to under-declare mail posted through a network of logistics companies in Buckinghamshire and Berkshire, pocketing millions of pounds, …

Photo: IANS The UK’s Royal Mail has awarded over 2.3 million pounds (approx Rs 24 crore) in compensation to a British-Indian former employee who was bullied and intimidated for blowing the whistle on potential fraud relating to bonuses. Kam Jhuti, a media specialist, was harassed by her boss Mike Widmer …

Phishing: watch out for fraudulent e-mails May is financial fraud month. Readers, you need to pay attention and understand how to protect yourself and your family from cybercrime attacks and losses. And it is not just affecting you, but consistent attacks on governments, infrastructures such as utilities, fuel, and internet, …

In the document published on Tuesday, the MPs made a number of recommendations in other areas, such as increasing uptake of Pension Wise guidance by trialling automatic appointments, establishing equivalent investment pathways for trust-based schemes, and prohibiting transactions being made on pensions dashboards until they are well-established and trusted. The …

Such “safe account” scams make up a fifth of all fraud losses, according to the banking trade body UK Finance, with victims losing £4,500 per case on average. Four in five of the scams start with a text message, according to TSB. It said Royal Mail was the most impersonated …

Updated: Oct 20, 2021 06:40 PM Cyber crime: Fake e-mails warning (File photograph) The public was today warned not be fooled by two e-mails that claim to be sent from a government department and a US health authority. The first e-mail, sent from aefoggo@northrock.bm and which claimed to be from …

Updated: Oct 19, 2021 07:13 PM New online and e-mail scams have led to substantial cash losses, police warned today. A spokesman said fraudsters who posed as family members or friends had contacted people on social media platforms such as Instagram and promised a same-day return on investments. He added …

After she had paid the fee, she received a call from a number that showed up on her phone as being from Lloyds Bank. She said: “The lady on the phone was very sweet and told me that someone had been using my account. She had me transfer every penny …

People must take personal responsibility to avoid falling for scams, a senior figure at UK Finance has said, as she warned that money lost to fraud was ending up in the hands of criminal gangs. Karen Baxter, who joined the banking trade body in October from her previous role as …

Fraud warnings have been issued to online banking customers after a rise in text message scams targeting savings accounts as the tax-year draws to a close. Tens of thousands of scam messages, purporting to be from Barclays, Halifax, HSBC and Lloyds have been issued in the past week – asking …