Search Results for: Fraud
FCA warning against clone firm
July 8th, 2015
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Fraudsters are using or giving out the following details as part of their tactics to scam people: Clone firm details: Recruit Plus Telephone: 0207 ...
JPMorgan to pay over $125 million to settle U.S. credit card debt probes
July 8th, 2015
JPMorgan Chase & Co has agreed to pay at least $125 million to settle probes by U.S. state and federal authorities that the bank sought to improperly collect and sell consumer credit card debt, according to people familiar with ...
Fighting money laundering in the back office
July 7th, 2015
Back Office Workforce Optimisation solutions are key to solving regulatory issues within the financial services sector Organisations are on high alert for signs of money laundering. Alerts raised in the field or by detection systems need to be investigated ...
FSMA Warnings: Providers of binary options and forex products
July 7th, 2015
The Financial Services and Markets Authority (FSMA) once again warns the public against the activities of various providers of / intermediaries in binary options and/or forex products which engage in unauthorized activities in Belgium. Some of these providers are, ...
SEC Charges Oil Company and CEO in Scheme Targeting Chinese-Americans and EB-5 Investors
July 7th, 2015
The Securities and Exchange Commission today charged a Bay Area oil and gas company and its CEO with running a $68 million Ponzi-like scheme and affinity fraud that targeted the Chinese-American community in California and investors in Asia, including ...
MasterCard will approve purchases by scanning your face
July 3rd, 2015
This fall, MasterCard will start experimenting with a new program: approving online purchases with a facial scan. At checkout, you’ll be asked to hold up your phone and snap a photo. MasterCard‘s thinking? It’s easier than remembering a password. ...
SEC Charges Former Stockbroker With Conducting Ponzi Scheme
July 2nd, 2015
The Securities and Exchange Commission today charged a former stockbroker in Pennsylvania with conducting a Ponzi scheme and stealing investor money to purchase a condominium in Florida and afford his own vacations and other luxuries. The SEC alleges that ...
ACCA: Be aware of financial activity alarm bells, warns CCAB Anti Money Laundering Task Force
July 1st, 2015
Accountants’ ‘professional scepticism’ is the first line of defence in tackling money laundering and terrorist financing, says guidance issued today by the Anti-Money Laundering Taskforce of CCAB, the collective forum of accountancy bodies ICAEW, ACCA, ICAS, CIPFA and Chartered ...
Facebook Messenger Rolls Out Payment Service Across The U.S.
July 1st, 2015
Today Facebook announced that a new payment feature is now available for Facebook Messenger users in the U.S. Now you can make person-to-person payments by adding your debit card through Facebook Messenger in just a few taps. The money ...
FCA warning against clone firm
June 26th, 2015
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Fraudsters are using or giving out the following details as part of their tactics to scam people: Clone firm details: AXN Trading Ltd ...
