Watchdog slams banks’ ‘vague and ineffective’ fraud alerts

Banks can wriggle out of paying fraud refunds if they can prove victims ignored warnings on their websites. Yet a damning report by the Lending Standards Board (LSB) revealed last week that many of these scam alerts are vague, ineffective and not good enough. The watchdog refused to name and shame the banks with the … Read more

Trump attacks Republicans and Supreme Court for allowing election fraud in Twitter rant

Donald Trump accused Republicans of allowing Democrats to steal the election and chastised the Supreme Court for refusing to hear a Texas lawsuit attempting to overturn the Joe Biden’s victory in a furious Twitter rant on Sunday evening.  Trump packed several of his favorite unfounded claims of election fraud into the rant, which came hours … Read more

Banks will still refund victims of fraud

A vital refund scheme for scam victims that had faced the axe this month will be extended until June next year, Money Mail can exclusively reveal. High Street banks have pledged to continue to refund customers conned into transferring money to fraudsters — but it is thought the refund scheme will not be extended after … Read more

VICTORIA BISCHOFF: Banks must keep paying up to help fraud victims

Today alone, fraud victims in Britain will lose another £4 million. That’s around £1.5 billion pocketed by scammers in a year. And as career criminals continue to outsmart the police, banks and security experts, these losses are only set to balloon further. So it’s little wonder our profit-hungry High Street banks are feeling a bit … Read more

Fraud fears spark ban on business accounts

Fraud fears spark ban on business accounts: Lloyds, NatWest and HSBC stop taking on new customers amid rush of bounce back loan cheats Up to 55 per cent of applications were potentially fraudulent  Just 15 per cent of those applying ended up opening a current account after identity and fraud checks  By Emma Dunkley And … Read more

Three people are arrested as police launch fraud probe into GoFundMe page for crash victims

Police have arrested three people, including a 17-year-old boy, as part of a fraud probe into a GoFundMe page which claimed to have been set up to raise money in memory of four young men who died when their car crashed into a house. Ryan Nelson, 20, Corey Owen, 19, Matthew Parke, 19, and Jordan … Read more

Retired three-star falsely claims US soldiers died attacking a CIA facility in Germany tied to fraud

A retired three-star general is sticking by his claims that U.S. special operation forces died in during an attack on a CIA computer facility in Germany that was stowing away info about an effort to flip votes from President Donald Trump to Joe Biden, even though top Army officials have heavily rebuked that such an … Read more

Bill Barr: Not enough voting fraud evidence to alter election result

Attorney General William Barr said Tuesday the Justice Department has not uncovered evidence of widespread voter fraud that would change the outcome of the 2020 presidential election. His comments come despite President Donald Trump’s repeated claims that the election was stolen, and his refusal to concede his loss to President-Elect Joe Biden. In an interview … Read more

The great fake job scam: Our probe exposes the most callous fraud

Tricked: Job-seeker Chelsea Cowling says she now feels very insecure Against all odds, Evgeniya Kiseleva managed to land a job at the start of the first lockdown after being unemployed for a year. The 29-year-old couldn’t believe her luck – and the fact that her new job involved helping other people find employment was an … Read more

Fraud victims lose £14.6bn to ruthless pension scams

Fraud victims lose £14.6bn to ruthless pension scams: Latest figures show scale of the crime has been grossly underestimated By Ben Wilkinson for the Daily Mail Published: 22:00 GMT, 1 December 2020 | Updated: 22:00 GMT, 1 December 2020 Ruthless fraudsters may have plundered as much as £14.6 billion from the nation’s pension savings, new … Read more