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Money Launderers Jailed Over £67,000 Phone Banking Fraud

A student has been jailed and four others have been sentenced over a £67,000 phone fraud. The judge in the case said the defendants acted as money launderers for a gang who defrauded a care home owner out of her entire life savings and destroyed her life.

The scam caused the victims business to fold and left her an emotional wreck. Judge Stephen Ward said: “If it were not for people like you, serious criminals would find life a lot more difficult”.

The victim was contacted in June 2017 by scammers posing as Barclays Bank to say her personal and … Read more

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Company Fined £200,000 For Sending 14.8 Million Spam Texts

A London based tax returns company has been fined £200,000 by the Information Commissioner’s Office for sending 14.8 million marketing text messages between July 2016 and October 2017. The ICO began an investigation after receiving over 2,100 complaints from members of the public.

The company, named as Tax Returned Limited, did not follow the proper guidelines when contacting people. The ICO found that the company had not taken the reasonable steps to make sure the data complied with the Privacy and Electronic Communications Regulation, which requires a company or organisation obtains specific approval from people receiving the messages, prior … Read more

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£6.1 Million a year lost to courier fraud

Fraudsters posing as police officers and bank officials have stolen over £6.1 million over the past year. The scams directly target aged and vulnerable people, they call victims claiming that their bank account is at risk from fraudsters. These despicable and elaborate crimes have been dubbed ‘Courier Fraud’ and in most cases, they involve a victim being tricked into giving out their personal information or pin numbers, followed by a courier arriving at their home to collect their bank cards or cash.

A victim in her late 70’s was told that there was a suspected counterfeiting ring at her … Read more

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£500 Million Stolen From UK Bank Accounts !

A new report states that £500 Million has been stolen from customers of British banks in the first half of 2018 alone.

Industry group UK Finance says £145 Million of the stolen amount was due to APP scams, or Authorised Push Payments. APP crime is the fastest growing type of crime and these new figures show a sharp increase in the amount stolen from 2017. In short, APP fraud is where a victim believes they are paying for a legitimate service or item and the criminal poses as a trusted third party and redirects the payment to a different account.… Read more

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Cold-Calling Conman Jailed For 13 Years.

A man has been sentenced to 13 years in prison, after he was found guilty of conspiring to con dozens of investors out of millions of pounds. Michael Nascimento, ran a call centre where investors were offered shares in fraudulent companies. But instead, the court heard, how he spent some of the proceeds of his crimes on private school tuition, Arsenal season tickets and expensive trips.

For four years, Nascimento ran a ‘Boiler Room’, another name for a high pressure call centre, where investors, many of whom were elderly and vulnerable, buy shares in companies with credible sounding names. … Read more

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Timeshare owners face further financial exploitation from scammers, warns action fraud!

A recent increase in cases of Timeshare owners being targeted for further abuse has prompted Action Fraud to warn owners to be on the lookout. Scammers are actively seeking out Timeshare owners who may be vulnerable or previously mis-sold their Timeshares and telling them they are owed compensation. The scammers pose as reputable companies offering unsuspecting customers exit from their timeshare burdens for a fee and promising to be able to reclaim compensation.

The scammers are aware of the Timeshare owners personal information from their previous investments which provides them with false credibility. They request upfront fees from owners … Read more

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Conmen Caught And Jailed !

Charity conman Jailed.

A lorry driver who pocketed money he raised for the young son of murdered soldier, Lee Rigby, has been jailed for two and a half years. The court heard haw Gary Gardner, raised about £24,000 but only £4,000 made its way to any charity.

Gardner put on three truck-pull events, and thousands of people attended, including Lee Rigby’s widow and son. He was convicted of two counts of fraud.

The court heard how Gardner, a lorry driver, staged events in 2013, 2014 and 2015 in the Leicestershire village. He also spent £5,000 on producing and promoting … Read more

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The Information Commissioners Office issues £100k fine to marketing company who made over 75 thousand nuisance calls.

AMS Marketing LTD, based in East Sussex, made 75,649 calls to people who had registered their telephone numbers on the Telephone Preference Service (TPS).

The ICO and TPS received a total of 103 complaints about the unsolicited calls between the dates of 1 October 2016 and 31 December 2017.

It is against the law to call telephone numbers registered on the TPS unless the caller has gained specific Agreement to make the call. The company making the call needs to be able to demonstrate they have done this by providing evidence, and the ICO were not satisfied that AMS Marketing … Read more

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Important Information About Nuisance Cold Calling

At Praetorian Legal we like to keep our clients informed about what is happening in the Timeshare industry, and Dignity ourselves on being transparent about our business. With this in mind and the recently enacted General Data Protection Regulations, we feel this is a good time to talk to you about cold-calling and what to do if you receive cold calls.

Praetorian Legal do not sell, resell or exchange of Timeshares, nor will we sell what now is referred to as alternative timeshare products. These alternative products are often points or credit schemes based on discounted holiday, travel and accommodation. … Read more

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Betting Fraudsters Ordered To Pay Back Victims

Two men sentenced for money laundering in a betting scam which netted them £3.5 million, have been ordered to pay back some of their ill-gotten gains to victims.

The two men were involved in a complex case of money laundering which police believe they had been running for about 5 years. They were alerted to the two men by Action Fraud, who received complaints from members of the public.

Both men pled guilty in February this year, to money laundering and David Head, who is thought to be the ringleader, was sentenced to seven years imprisonment and Lee Taylor was … Read more

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