Businesses lost a total of £92.7 million in 2018 to scammers posing as their suppliers, according to a report from UK Finance. Invoice scams are a type of fraud in which criminals trick businesses into transferring money by posing as legitimate payees, such as a regular supplier. Last year, businesses were involved in 3,280 suchContinueContinue reading “Businesses lose almost £93m to invoice scams”
Tag Archives: Internetfraud
Top frauds and scams in 2018 and how to avoid them in future – an overview from FTC
Scammers use clever schemes to defraud millions of people every year. They often combine new technology with old tricks to get people to send money or give out personal information. According to FTC’s analytics, over 3 million fraud cases were reported in the year 2018. They collected 1.4 million data from various sources and found outContinueContinue reading “Top frauds and scams in 2018 and how to avoid them in future – an overview from FTC”