Paul Lewis of the BBC Radio 4’s Money Box programme has revealed that members of the general public have been duped out of an astonishing £3.9m. The banking scam used the name of the Kleinwort Hambros to dupe customers into moving money from their real account into fake ones where the criminals could help themselves. […]
Month: January 2022
CHECKACO NEWS: if only I had done a Checkaco on the holiday cruise firm I wouldn’t have lost my £5,000 deposit
Cruise deposit problems Last year the cruise liner firm Cruise & Maritime Voyages (part of South Quay Travel & Leisure), went into administration taking with it hundreds of thousands of pounds in deposits from customers planning on taking their dream holiday. One wrote to Tony Hazell of the Daily Mail asking why their £4,693.20 deposit […]
CHECKACO NEWS How phone companies keep your cash if you don’t use your Pay As You Go Phone for a few months – and give your number to someone else
Use or lose it – phone firms keep your credit on PAYG after 70 days Writing in the Guardian newspaper the consumer expert Anna Timms gave advice to a reader who had asked why the phone company Three had kept the credit on her late mother’s phone after she died. JC of London had written […]
CHECKACO NEWS Harry and Meghan misused in fake investment endorsement that sees scammers rip off investors
Investment scam The Financial Conduct Authority (FCA) have said the number of fake adverts for get-rich-quick schemes has massively increased in the last few years with the latest ones using the Duke and Duchess of Sussex to grab attention. Online adverts purporting to be endorsed by Harry and Meghan tempt consumers into parting cash for investments […]
CHECKACO NEWS Gullible parents are losing thousands to fraudsters using WhatsApp to scam cash pretending to be their children
Action Fraud have issued warnings about a new type of scam that has been fleecing parents of cash using the encryptic messaging service WhatsApp. The police have reported on a number of incidents where parents have been sent messages apparently from their children asking for money due to being in financial trouble whilst away for […]
CHECKACO NEWS The scandal of the cruise firm collapse: ‘If only I had done a Checkaco on the holiday firm I wouldn’t have lost my £5,000 deposit’
If only I had done a Checkaco on the holiday firm I wouldn’t have lost my £5,000 deposit Last year the cruise liner firm Cruise & Maritime Voyages (part of South Quay Travel & Leisure), went into administration taking with it hundreds of thousands of pounds in deposits from customers planning on taking their dream […]
CHECKACO NEWS Beware of the pub: warnings over ‘surge’ in insolvencies as hospitality sector hits the rocks
Beware of the pub: warnings over ‘surge’ in insolvencies as hospitality sector hits the rocks If you’re considering booking a restaurant or gastro pub for a belated festive meal for your work colleagues, then beware. Due to the Government’s warnings about the Omicron variant of Covid-19 the hospitality industry has had a poor Christmas with […]
CHECKACO NEWS: A warning from recent European history – the day Albania ran out of cash due to pyramid schemes
A warning from recent European history: the day Albania ran out of cash due to pyramid schemes You may have read this month about Elizabeth Holmes in America who has just been sentenced to serve time in prison for fraud. Essentially, she created an elaborate and contemporary Ponzi Scheme – a phoney investment that promised […]
CHECKACO NEWS: Crypto currency fraud is on the rise and it’s mainly the young who lose out to the tune of £20,000 a time
Action Fraud – the UK’s police unit dedicated to catching fraudsters – said that last year around £150 million was stolen by criminals from the general public. The crime fighting organisation said: “Since the start of 2021, Action Fraud has received 7,118 reports of cryptocurrency fraud, with an average loss per victim of just over […]