(LONDON) ALERT WARNING: Action Fraud Report: National Crime Centre (NECC) Targets people in the run up to Christmas after latest figures show more than £36 million has been lost to investment fraud via cloned company scams this year #AceNewsDesk report

#AceNewsReport – Dec.08: Warnings on how to spot and report cloned company investment scams will be shared across the National Crime Agency’s social media channels, with those aged 55 to 70 in mind.

#AceDailyNews NCA/Action Fraud Cloned Websites Report: Could you recognise a cloned company scam? Criminals are copying real websites to steal savings and data shows 34% of 55 – 70 – age group were impacted by cloned company investment fraud in the first six months of this year, with average losses of £39,218 per victim.

Published: 06-12-2021

NCA & Action Fraud

Could you recognise a cloned company scam?

Investment fraud by way of cloned websites has been on the rise in recent years, with Action Fraud reporting a total of £78 million lost last year – the year of the first coronavirus lockdown.

The crime is committed when fraudsters replicate or clone real company websites by using the name, address and ‘Firm Reference Number’ (FRN) attached to a company and authorised by the Financial Conduct Authority (FCA).

Once a fake website is up and running, fraudsters typically draw people in with adverts on search engine websites and social media.

The promise is usually of an attractive return on an investment, most commonly on bonds, cryptocurrency and ISAs.

Returns advertised are typically moderate, but just above the market rate, making the adverts appear genuine.

Losses with one particular scam, which used the guise of a popular comparison website, recently totalled £750,000.

Victims of this scam described how they had searched online for investment opportunities, and were presented with an online form, similar to forms typically found on genuine comparison websites.

Those who completed the forms were then contacted by a fraudster purporting to be from a known investment firm. They were able to persuade the victims to invest their savings in non-existent bonds, quoting legitimate company details and even using the identity of actual employees of the company.

The National Economic Crime Centre (NECC), part of the NCA, is working with City of London Police to reinforce steps that the public can take to protect themselves:

  1. Reject unsolicited investment offers whether made online, on social media or over the phone. Be cautious when dealing with large sums of money, even if you initiated the first contact.
  2. Always check the FCA Register to make sure you’re dealing with an authorised firm and check the FCA Warning List of firms to avoid.
  3. Only use the telephone number and email address on the FCA Register, not the contact details the firm gives you. Look out for subtle differences such as letters replaced with numbers (e.g. S and 5, O and 0), additional words, or spelling errors.
  4. If you have visited a website you think is suspicious, report it to the National Cyber Security Centre, using their quick and easy reporting tool.
  5. Consider seeking impartial advice before investing.

If you think you’ve fallen victim to an investment fraud, report it to Action Fraud as soon as possible online at http://www.actionfraud.police.uk or by calling 0300 123 2040.

Jon Shilland, fraud lead at the NECC, said:

” People can, and have lost their entire life savings to cloned website investment scams.

“Even tech-savvy and seasoned investors can be vulnerable, given that many of the adverts for them appear on or through well-known and trusted websites.

“Everyone should be highly alert and take caution before parting with any amount of money online. If it looks too good to be true then it probably is, but in today’s low-yield environment investors should be mindful that criminals can tempt investors with rates of return which sound ever more plausible. It is becoming ever harder for investors to recognise these websites as being fraudulent.  

Temporary Detective Inspector Craig Mullish, from the City of London Police, said:

“The Online Harms Bill will be a great step forward but alone is not sufficient.  It only covers user generated content and will not address the criminal exploitation of online advertising which is having a devastating impact through investment and pension fraud.  We therefore welcome the Government’s recognition that other steps will be needed, and look forward to working together with the tech sector, law enforcement, regulators and the Government to take them”.

” Every year, victims lose thousands of pounds to criminals imitating genuine investment firms with some even losing their life savings. This trend of ‘cloned companies’ is particularly worrying as it makes it even harder for people to spot a fraudulent investment opportunity.

“Investing any amount of money comes with an element of risk so always remember to stop and think as it could protect you and your money. It’s really important people take time to do their research and seek independent impartial advice before making an investment.

“If you think you’ve fallen victim to an investment fraud, contact your bank immediately and report it to Action Fraud as soon as possible online at http://www.actionfraud.police.uk or by calling 0300 123 2040.”

#AceNewsDesk report ………….Published: Dec.07: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#alert, #action-fraud, #london, #nca, #warning

(ENGLAND) WEATHER ALERT: #StormBarra Severe weather warnings have been issued ahead of the arrival on Tuesday #AceNewsDesk report

#AceNewsReport – Dec.06: A Met Office warning has been issued for Northern Ireland from 09:00 GMT Tuesday until midnight the same day: The Atlantic system will bring very strong winds and heavy rain:

#AceWeatherDesk says that #StormBarra Weather Report: Severe weather warnings for wind and rain issued in preparation for Tuesday BY BBC News NI Weather Presenter

Rathlin light house during Storm Arwen
The strongest gusts will affect exposed and coastal areas in NI

The strongest gusts will affect exposed and coastal areas in the region, with potentially damaging and disruptive winds up to 80km/h (50mph) expected widely.

Gusts around the coast could reach speeds up to 115km/h (70 mph).

Those winds could lead to large waves and possible flooding. 

Disruption to travel is also likely. 

Storm Barra: Severe weather warnings issued across Northern Ireland

Warnings have also been issued across the Republic of Ireland. 

Irish weather service Met Éireann is forecasting the strongest winds to the west coast. 

A status orange warning – the second-highest level – has been issued for five counties. 

They are Clare, Cork, Kerry, Limerick, and Galway. 

A yellow warning has been issued for all other counties. 

It is also warning of a significant possibility of coastal flooding along the south and west coast. 

Storm Barra is the second named storm this season following Storm Arwen.

#AceNewsDesk report …………..Published: Dec.06: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#alert, #barra, #england, #scotland, #wales, #warning, #weather

America. This is a HUGE PROBLEM! Young Hillary Clinton Supporters Struggle to Name Her Accomplishments

I don’t know whether to cry, laugh or be REAL embarrassed for you USA! The kids coming through want to vote for Hilary but have NO IDEA WHY! This is pathetic and a reason you get stuck with crap presidents America! Watch the video, one kid says “We had an African American President, a Woman would be a good step forward” When asked about Hillary’s accomplishments, not one of these kids, one doing a study on her he says, could name one thing she did. America this is a HUGE problem. Why do your kids not know about politics? What is the age to vote in the USA? Here in Europe kids have a good grasp of politics, where I am in Scotland kids as young as 18 know why or why not they will vote for Scottish independence, the kids actually have a good argument on the issue. These kids are your future America, your scientists, politicians, the list is endless. As usual I mean to offend NOBODY. I am sharing American news. I posted a video MANY times by an American man who tried to warn you America, and, well, this video below sends chills down my neck. How can they be supporters if they don’t know what they are voting for? Did American vote for America because he was African American? Are you all going to vote for Hillary because she is a Woman. I can’t say how much of a worry this is for the future of the USA! Video at the bottom, you were warned!

America, THIS IS YOUR FUTURE!! I would start to worry. This is embarrassing America, Video below….

Video by PJ Media

You were warned America, video by iStateOfMind3·

#african-american, #african-american-president, #america, #cry, #future-america, #george-carlin, #hillary, #hillary-clinton, #laugh, #no-child-left-behind, #real-embarrassed-for-you-usa, #struggle-to-name-her-accomplishments, #warning, #young-hillary-clinton-supporters

#Japan : ” Heaviest Snowfalls for `Thirteen Years’ have brought `Chaos and Deaths’ reports Kyodo”

#AceWorldNews says at least 3 people have died in Japan as the country endures the heaviest snowfall in 13 years, reports Kyodo.

More than 400 people have been injured in snow-related incidents so far, with the Kanagawa Province being the worst affected by the disaster.

The precipitation grounded some 700 flights and disrupted railway and car traffic in the country.

The National Meteorological Agency issued a severe storm warning for the capital and advises that people stay at home.

#heavy-snowfalls, #japan, #kyodo, #national-meteorological-agency, #storm, #warning