Credit Card Fraud
Four criminals were have been sentenced for a total of 15 years at Southwark Crown Court for their involvement in a series of card frauds that took place in the south of England during 2009.
PayPal has introduced significant improvements to its UK buyer protection cover. PayPal's 26 million UK-registered customers now enjoy the same cover regardless of whether they buy goods on eBay or other websites.
Identity fraud has always been a sinister crime - fraudsters using the names and details of innocent victims to generate their criminal cash-flow.
The 32% increase in identity fraud recorded by Members of CIFAS - the UK's Fraud Prevention Service during 2009, contains an even more alarming increase in current address fraud.
Total fraud losses on UK cards fell by 28 per cent between 2008 and 2009 to £440.3 million - a decrease of £170 million on the previous year's total, according to the UK Cards Association.
The Government is taking the fight to fraudsters, criminals and rogue traders who use the internet and email to con consumers.
Customers can help themselves from falling victim to fraud by following some simple step-by-step rules, the British Bankers' Association (BBA) said today.
National charity Citizens Advice is warning people to take extra care when searching for rooms or property online, if they are asked to ‘prove funds' via money transfer prior to viewing.
moneysupermarket.com (LON: MONY) has announced the launch of its credit monitoring and identity theft channel, helping consumers track their own credit profile, and providing the opportunity to compare credit reporting and identity theft products.
Ori Eisen, Chief Innovation Officer at 41st Parameter, highlights seven 'online sins' which, if addressed, can deter the use of stolen credit cards and reduce identity theft and fraud.
With Christmas just around the corner, many people will be out and about using their credit and debit cards in stores, restaurants or cash machines. But fraudsters are also likely to be active at this time of year.
CreditExpert.co.uk from Experian, the market-leading online identity fraud protection and credit monitoring service, today reports an increase in identity fraud of 12%.
As the festive shopping period hits top speed, the dangers of the season are ones no consumer can afford to ignore.
Financial Fraud Action UK, the voice of the industry for financial fraud matters, today (21 October 2009) advised about the recent rise in popularity of an old-style phone scam.
One in five Brits tell friends and family their PIN numbers, leaving themselves open to chip-and-PIN fraud.
16 to 30 of 40 for Credit Card Fraud