TSB becomes first bank to offer ‘refund guarantee’ to all fraud victims

TSB becomes first bank to offer ‘refund guarantee’ to all fraud victims

TSB has become the first UK bank to guarantee customers will receive a refund if they are the victim of fraud on their account. The high street lender said it would cover its 5.2 million customers against all forms of transactional scams, including those where they have been tricked into authorising payments to fraudsters. Consumers […]

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British public left at risk of fraud because it is 'not police priority', watchdog finds

British public left at risk of fraud because it is ‘not police priority’, watchdog finds

The British public are being left at risk of fraud and victims are being failed because many forces do not consider it a priority, the police watchdog has found in a new report.  One officer told HM Inspectorate of Constabulary (HMICFRS) that despite people being more likely to fall victim to fraud than any other crime, it was […]

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Kyle Richards’ husband Mauricio Umansky sued for fraud in $32m Malibu mansion deal

Kyle Richards’ husband Mauricio Umansky sued for fraud in $32m Malibu mansion deal… after home sold for DOUBLE the price one year later The federal suit alleges Umansky earned ‘secret profits’ from flipping the home He sold the mansion to a wealthy investor in 2016 for $32million   Mauricio invested in the 15,000-square-foot home which resold […]

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Desperate Housewives star Felicity Huffman charged with fraud for ‘part in £4.9m scam so daughter could go to top college’

DESPERATE Housewives actress Felicity Huffman has been charged by a US court after taking part in a £4.9million scam which helped her daughter get into an elite college like Yale or Stanford. The actress, who is married to Oscar-nominated actor William H Macy, 68, was charged with conspiracy to commit mail fraud and honest services […]

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British ‘gypsy’ accused of fraud, assault and dangerous driving flees New Zealand on wrong passport

An unruly British ‘gypsy’ accused of fraud, assault and dangerous driving has managed to flee New Zealand on another person’s passport.  James Anthony Nolan, 26, used an eGate to scan the fraudulent passport which flagged him for further checks. But a member of staff failed to realise he was not the same person he allowed […]

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Westminster paedophile accuser appears in court charged with lying to police over ‘sex abuse ring’

A man whose allegations sparked a £2.5m investigation into a supposed Westminster paedophile ring has appeared in court charged with lying to police. The 50-year-old, known only as Nick, faces 12 counts of perverting the course of justice and one count of fraud. His claims led to a Metropolitan Police investigation in which officers raided […]

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Banks to begin checking names on bank transfers to prevent fraud

Banks will begin checking that names on transfers match the account and warn customers if their is a discrepancy, in a move designed to stop fraud. Currently, lenders only check the account number and sort code for bank transfers, making it easier for fraudsters to convince customers to transfer money by saying the account belongs to a […]

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Thika Technical principal charged with Sh27m fraud

By MARY WAMBUIMore by this Author Thika Technical Training Institute’s Principal Mary Mumbua and six other current and former staff have been charged with 12 counts of fraud following the misappropriation of over Sh27 million at the college. Among those charged at the Thika Magistrate’s Court on Monday included auditors and former principals. The suspects […]

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Patisserie Valerie discovers £10m of secret overdrafts

Patisserie Valerie’s board has discovered £10m of secret overdrafts, in the latest revelation at the scandal-hit cafe chain. Around £9.7m had been run up in total on the two facilities opened with Barclays and HSBC, the company confirmed. It came after Patisserie Valerie chairman Luke Johnson saved the chain from collapse with a £20m loan following […]

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Patisserie Valerie saved as chairman lends cafe chain £10m

Patisserie Valerie has been saved from closure after chairman Luke Johnson agreed to lend the struggling company £10m, days after a black hole in the firm’s accounts was uncovered. Earlier this week, the firm’s finance chief, Chris Marsh, was suspended from the group after the bakery chain uncovered “significant, and potentially fraudulent, accounting irregularities”. On […]

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