All posts tagged: fraud

Beware WhatsApp and fake listings: how to avoid holiday fraud | Scams

Beware WhatsApp and fake listings: how to avoid holiday fraud | Scams

[ad_1] Can you imagine arriving in a small Greek village after a long flight and bus transfer, only to find out that the luxury villa you and your family were expecting to spend the next two weeks in – and spent £5,000 on – simply does not exist? The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more. Some holidaymakers are poised to find themselves in exactly that position this summer, and many more holidays will be ruined as people realise they have been defrauded before they have left for the airport. Holiday scams have been estimated by Action Fraud to cost British tourists £15m a year, but the true figure is likely to be much higher. Guardian Money has put together a guide to make sure you don’t become the next victim. Booking As more of us now choose to put together our own holidays – organising the accommodation and flights separately – fraudsters are finding new opportunities to target victims. So successful have they …

Benefit fraud squad snoops on pupil data under secret deal

Benefit fraud squad snoops on pupil data under secret deal

[ad_1] More from this theme Recent articles Pupil data is being used to check for benefit fraud and pursue parents under a secret deal between the education and work and pensions departments, Schools Week has learned. Leaders have warned the move may lead to parents “withdrawing their children from schools”, amid calls for transparency over the collection of children’s data. The national pupil database holds information about everyone who has been through the school system since 2002. Sensitive data, including names and addresses, is kept for decades after students leave school. Each time the DfE comes up with a new type of use for people’s personal data, they don’t tell them Documents obtained by privacy campaigners Defend Digital Me show the Department for Education has received multiple requests for pupil data from investigators at the Department for Work and Pensions (DWP) since 2018. A data-sharing arrangement was formalised last autumn. It will provide the DWP “with the confidence that the right amount of benefit is being paid to the right claimant, and that children included …

Procurement Theft Drives Fraud Costs Soaring In Ministry Of Defence

Procurement Theft Drives Fraud Costs Soaring In Ministry Of Defence

[ad_1] Fraud has set the MoD back by almost £1billion in 14 years (Alamy) 3 min read3 hr Procurement fraud has sent costs soaring the Ministry of Defence (MoD), after new figures revealed it had led to 90 per cent of detected fraud value since 2020. A written question, tabled by Maria Eagle in April, required the Government to find cases of fraud in the MoD since the Conservatives came to power 14 years ago.  Defence fraud has cost the Government almost £1 billion since 2010.  Cases of procurement fraud appeared to be the main driving force for the rising costs over the last four years. It accounted for more than 90 per cent of the total figure of just over £600 million costs since 2020. Procurement fraud was broadly defined in 2011 by National Fraud Authority as covering a wide range of “illegal activities from bid rigging during the pre-contract award phase through to false invoicing in the post-contract award phase”.  A 2021 Public Accounts Committee report found the MoD’s procurement system was “broken”, and repeatedly …

MEPs cast doubt on Malta’s Commission nominee Fearne over criminal charges – POLITICO

MEPs cast doubt on Malta’s Commission nominee Fearne over criminal charges – POLITICO

[ad_1] After a judicial document seen by POLITICO Tuesday evening revealed that Fearne will face charges of fraud and misappropriation in a snowballing case, MEPs suggested the ex-health minister’s nomination could now be in trouble. “The European Parliament holds high standards when it comes to Commissioner-designates’ approval,” Cyrus Engerer, a Maltese MEP from Fearne’s Labour Party, told POLITICO. “Past decisions prove this.” In 2019 the Parliament rejected French President Emmanuel Macron’s initial pick for commissioner, Sylvie Goulard, over ethical concerns. MEPs also rejected nominations by Hungary and Romania due to apparent conflicts of interest. Engerer won’t be on the committee to make the call; he announced last month he will not run in the European election in June. Fearne did not respond to a request for comment for this story but has previously defended his record and insisted he “never” broke the law. On Wednesday, he said on Facebook that he had not received any official court summons, and therefore could not comment more on the case. “I can only say that I have always, …

Darius Morris dies shortly after father, brother convicted of fraud

Darius Morris dies shortly after father, brother convicted of fraud

[ad_1] It seems far too soon to be mourning the death of Darius Morris, the memory of the irrepressible point guard stepping into the Lakers’ starting lineup in a 2013 playoff series and shining still fresh in the minds of so many. Yet a spokesperson with the Los Angeles County Department of Medical Examiner confirmed that Morris died May 2 in a private residence. He was 33. The spokesperson said it could take up to three months for the cause of death to be determined. What will endure are memories of Morris’ exuberant personality and winning smile while playing for the Lakers alongside his mentor Kobe Bryant after starring at Windward High in Mar Vista and the University of Michigan. “Darius was an absolutely super nice guy, he always had a smile,” said Mike Bresnahan, The Times’ Lakers beat writer for 12 years who now is a Lakers analyst for Spectrum SportsNet. “What I appreciated was that when he made it to the NBA he decided he was going to enjoy every minute of it. …

Identity Theft Is a “Kafkaesque” Nightmare. AI Makes It Way Worse.

Identity Theft Is a “Kafkaesque” Nightmare. AI Makes It Way Worse.

[ad_1] This is the story of William Woods. No, not the fake William Woods. The real William Woods. It’s a story that traverses more than three decades, zigzagging from a hot dog stand to a jail with a stop at a mental institution and ending with—well, you. It all began 36 years ago in the sun-drenched streets of Albuquerque, where William Woods was working at a hot dog stand, serving office workers and city dwellers. On an otherwise unremarkable day, his coworker—a large man with dark hair named Matthew Keirans—stole Woods’s wallet. With it, Keirans pilfered not just Woods’s Social Security number but eventually his entire identity. The theft was the seed of an existential usurpation and the beginning of a Kafkaesque nightmare for William Woods. That’s because Keirans had decided to become William Woods to escape his own troubled past. By 1990, Keirans had used the Social Security number to obtain a Colorado ID in Woods’s name; he then opened a bank account (also in Woods’s name) and wrote some checks that later bounced, …

Justice Department Investigating Tesla for Wire Fraud

Justice Department Investigating Tesla for Wire Fraud

[ad_1] This is not good news for Tesla. Full Self-Doubt The Department of Justice is widening its probe into Tesla as it seeks to figure out whether the Elon Musk-owned company made fraudulent claims about its self-driving capabilities. As Reuters reports, three sources familiar with the matter say that the DOJ’s investigation, first reported back in 2022, is eyeing securities and wire fraud as it looks at comments Musk and other Tesla executives made about its so-called “Autopilot” and “Full Self-Driving” (FSD) modes. The sources didn’t specify which exact comments the Justice Department was scrutinizing. But over the years, Tesla has repeatedly gotten in trouble over its assisted-driving features, which critics and some regulators say dangerously mislead drivers into thinking their cars can drive themselves. Although not meant to be fully autonomous, both of Tesla’s assisted driving modes have also come under regulatory scrutiny in recent years as the accident and death tolls associated with the company’s self-driving efforts climb higher and higher. Reroute and Recall News of the DOJ honing in on specific criminal liabilities …

Tesla is being probed by DOJ ‘securities or wire fraud’ over self-driving claims

Tesla is being probed by DOJ ‘securities or wire fraud’ over self-driving claims

[ad_1] Tesla is reportedly being probed by the Department of Justice over whether its self-driving claims could constitute “securities or wire fraud.” Reuters is reporting based on three sources: U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters. The government is reported specifically looking at statements by Tesla and its CEO Elon Musk. Tesla revealed that it received subpoenas from the DOJ late last year regarding Autopilot and its self-driving effort. But now the Reuters report specifies that the DOJ is looking at potential wire fraud and securities fraud: Investigators are exploring whether Tesla committed wire fraud, which involves deception in interstate communications, by misleading consumers about its driver-assistance systems, the sources said. They are also examining whether Tesla committed securities fraud by deceiving investors, two of the sources said. The report also claims that the SEC is still looking at those claims. These investigations are happening as Musk has recently ramped up his …

FTX crypto fraud victims to get their money back — plus interest

FTX crypto fraud victims to get their money back — plus interest

[ad_1] Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive their money back — plus interest. The news comes six months after FTX co-founder and former CEO Sam Bankman-Fried (SBF) was found guilty on seven counts related to fraud, conspiracy, and money laundering, with some $8 billion of customers’ funds going missing. SBF was hit with a 25-year prison sentence in March, and ordered to pay $11 billion in forfeiture. The crypto mogul filed an appeal last month that could last years. Restructuring After filing for bankruptcy in late 2022, SBF stood down and U.S. attorney John J. Ray III was brought in as CEO and “chief restructuring officer,” charged with overseeing FTX’s reorganization. Shortly after taking over, Ray said in testimony that despite some of the audits that had been done previously at FTX, he didn’t “trust a single piece of paper in this organization.” In the months that followed, Ray and his team set about tracking the missing …