Category Archives: Fraud Prevention
An operation to close down websites selling card data has made several arrests and broken up a criminal empire worth about half a billion pounds.
The analysis of fraud trends during 2011 by CIFAS – the UK’s Fraud Prevention Service reveals a disturbing 9% increase in the overall level of fraud, when compared with the previous year, with further key findings presenting a stark picture … Continue reading
David Perrin, a professional tax adviser at Vantis, has been convicted of defrauding taxpayers of £70m, HMRC has confirmed.
Buy My Debt Limited (BMD) and Trusted Partnership Limited were two firms that were linked to each other, they obtained at least £74,000 from buying consumer unsecured debt and then promising them they can free them of debt. It has … Continue reading
Mortgage fraud has rocketed by 77% in a year and increased by more than half in the third quarter of this year compared to the second quarter.
CIFAS says more than half of all frauds (57%) relate to the theft or misuse of personal or account information.
Analysis of the frauds recorded by Members of CIFAS – the UK’s Fraud Prevention Service during the first nine months of 2011 reveals that identity fraud remains the most virulent fraud currently being committed in the United Kingdom.
Sixty-one companies believed to be under the control of a foreign resident director which filed false and misleading information and failed to co-operate with investigators have been wound up in the High Court following an investigation by Company Investigations of … Continue reading