Ruthless fraudsters may have plundered as much as £14.6 billion from the nations pension savings, new figures reveal. The shocking statistics from the pension industry show the scale of the crime has been grossly underestimated. Official police fraud report figures had previously shown that just £31 million had been lost due to pension scammers since […]
Investment scams have nearly quadrupled during lockdown as scammers use evermore sophisticated methods to dupe ordinary savers into parting with their cash. Almost £10m was lost in frauds last month, up from about £4m in July, according to the Investment Association. The total number of reported scams jumped from 300 to 1,175 over the same […]
INVESTORS are being warned to be on their guard against international scammers seeking to cash in on the coronavirus crisis. A tide of fraudsters is expected to sweep in as Covid-19 paralyses traditional markets and high net worth investors become desperate to find new ways to make their money work. Financial security experts at UK-based […]
A company owning a Merchant Bank in the City of London decided to dishonour our client’s contract and refused to pay a substantial bill for services rendered. Our client tried to secure payment, but the offending company simply refused to pay and raised a dispute which they hoped they could hide behind to avoid paying […]
A FREE CHECKLIST OF SOME TRIED AND TESTED ‘SCAM INDICATORS’ TO KEEP YOU SAFE. Here are ten of the most common statements or excuses which come up when scammers are trying to engage with investors. If any sound familiar or similar to statements made by people you are dealing with please be extremely cautious. There […]
Fraudsters are ‘cloning’ the HMRC phone number in what is being termed as the ‘arrest warrant scam’ The number appears to be a genuine HMRC call but is actually a scam to persuade people to transfer cash. The official income tax helpline for Her Majesty’s Revenue and Customs (HMRC) is being used to threaten victims by […]
David Austin, Susan Dalton, Alan Barratt and Julian Hanson of Friendly Pensions, were identified as the masterminds behind a £13.7 million pension scam and have now been banned from being trustees of pension schemes. Funds raised were used to line the pockets of the trustees, with more than £10.3 million shunted into firms owned or […]
Following consultation with Spanish tax authorities into recent high profile ‘image rights’ tax avoidance schemes. The UK’s HM Revenues & Customs (HMRC) is now investigating almost 200 footballers as part of its crackdown on tax avoidance in the sport. According to a report in the Daily Mail, the number of players under investigation has risen […]
New figures reveal the true extent of the nation’s battle with fraud The latest numbers show scammers stole £500m from UK bank accounts in the first six months of 2018 alone! More than £145m of that was made by the victim after being tricked into authorising a payment to the fraudster, known as “push-payments” according […]
We’re all too familiar with the scam email request from Nigerian oilfields or stressed Royal who can’t get their money out of the country. But with fraud in the UK estimated to be in excess of £190 Billion per annum and with only £1.9 Billion being detected there is obviously a need to ensure any […]
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