‘Bot’ cyber crimes increase on financial services during Covid-19
Cyber attacks from automated ‘bots’ on financial services rose during the pandemic, despite the number of overall human-initiated cyber attacks...
Tuesday, September 22, 2020
Crime
Events and promotions bosses banned for 18 years over tax abuse
The bosses of an events and promotions marketing company based in Gateshead have been banned for 18 years after “abusing”...
£30m lost to pension scammers since 2017, says FCA
Over £30m has been reportedly lost to pension scammers since 2017, according to complaints filed with Action Fraud, says the...
FCA investigating over 150 Covid-19 related scams
The Financial Conduct Authority (FCA) is investigating more than 150 Coronavirus-related scams since the outbreak began, according to official figures....
Property developers disqualified for tax avoidance
Two Scottish property developers have been disqualified after failing to pay tax on a land deal. Richard Black, from Collessie,...
2020 AML fine values surpass 2019 figures
The first half of 2020 has seen an uptick in anti-money laundering (AML) fine values, globally totaling $706m (£539m) compared...
Police warn of rise in HMRC scams
A rise in HMRC scams has been reported across the West Midlands, with police urging people to “be on their...
Takeaway boss banned for concealing tax liabilities
A takeaway boss has been banned from directorship for nine years after concealing tax liabilities of over £100,00 for five...
West Midlands man arrested on suspicion of £495,000 furlough fraud
A West Midlands man has been arrested as part of an HM Revenue and Customs (HMRC) investigation into a suspected...
Former RSAII CFO fined £63,000 for participation in a breach of financial services law
The former executive director and CFO of RSA Ireland Insurance DAC (RSAII) has been disqualified for eight years and four...
