Will the £100 contactless limit mean a fraudster spending spree?

Millions of Britons are worried about fraudsters potentially racking up a several-hundred-pound spending bill on a lost or stolen card ahead of the increase in the contactless limit later this year, new research suggests. Two-thirds of people are worried about contactless fraud on their bank cards if they lose them, according to research from Zopa, … Read more

Carbon credit crooks convicted – thanks to our own Tony Hetherington

Two members of criminal network that sold near-worthless carbon credits as investments convicted of fraudulent trading, thanks to Tony Hetherington By Financial Mail on Sunday Reporter Published: 21:50 BST, 15 May 2021 | Updated: 21:50 BST, 15 May 2021 Two members of a huge criminal network that sold near-worthless carbon credits as investments have been … Read more

The little-known rule book that has helped scam victims get refunds

Bank scam victims could have a better chance of getting a refund using a little-known document.  The industry code of practice was introduced in October 2017 and lays out how payment providers should protect their customers from fraud. However, the 31-page document – the British Standards Institution’s (BSI) code of practice PAS 17271:2017 – is … Read more

Aviva backs calls for Government crackdown on financial fraud

Pension giant Aviva backs calls for Government crackdown on financial fraud after its brand is hijacked by criminals At least 27 fake websites were set up in Aviva’s name to dupe unsuspecting victims into handing over cash  The pension giant warned that shutting down the scammer websites is like playing ‘whack-a-mole’ under the current rules  … Read more

We launch campaign to fight online financial fraud

The Mail today launches a campaign to fight the growing scourge of online financial fraud in Britain.  Criminals are using sophisticated internet investment scams to swindle life-changing sums from victims – leaving many pensioners destitute later in life.  The crooks often use fraudulent adverts and websites to tout bogus schemes ranging from bonds and pensions … Read more