Fraud

IFED Warning: Covid-19 Insurance Scammers Are Out There

The Insurance Fraud Bureau (IFB) in partnership with City of London Police’s Insurance Fraud Enforcement Department (IFED) and the Association of British Insurers (ABI) are warning the public to be alert to a potential rise […]

News

Celeb Twitter Hack Shows How Cyber Risk is Everywhere

The potential for a hacked tweet from a senior business figure’s account to move a company’s share price was highlighted on Wednesday after a dozen high-profile celebrities had their Twitter accounts hijacked. Darren Thomson, Head […]

Fraud

Fraud: Griffin Law Warns on HSBC Text Scam

UK workers are being targeted by a new SMS phishing scam designed to trick victims into handing over details of their HSBC bank account. The scheme, uncovered by litigation specialists Griffin Law, begins with a text message […]

Fraud

Atradius Warns On Rising Business Sector Fraud- Check Your Customer Details

Trade credit insurer Atradius is warning businesses to be vigilant after seeing a rise in fraud during the coronavirus pandemic. The increase in impersonation fraud is believed to be as a result of opportunistic fraudsters seeking […]

UK Economy

Aegon Warns on Financial Scammers Targeting Savers & Investors

Almost 3 million people in the UK have fallen for a financial scam after being approached by a fraudster since the start of the coronavirus outbreak, according to Aegon’s survey into the behaviour of savers […]

Legal

Opinion: Covid Effect May Cause A Spike in Fraud Claims Later in 2020

Lewis Thomas, a Counter-Fraud Partner at Horwich Farrelly, the leading specialist insurance law firm, provides the following comment outlining the likely fraud challenges the insurance industry can expect as a result of the Covid-19 pandemic: […]

Fraud

Fancy Trying a Fake Personal Injury Claim? You May Get Jail Time

A fraudster who submitted a false £4,000 personal injury claim has been handed an immediate 12-month prison sentence with no suspension following a successful private prosecution by Allianz Insurance and defendant law firm,Keoghs. The hugely […]