Archive for June, 2010
Financier R. Allen Stanford is accused of scamming investors out of nearly $8 billion and misrepresenting how well his firm’s investment portfolios had performed in the past. Bob Orr reports.
Patel found guilty on all counts
A QUEENSLAND jury has found former Bundaberg surgeon Jayant Patel guilty on all four counts of manslaughter. Patel, 60, had pleaded not guilty in the Supreme Court in Brisbane to the manslaughter of Mervyn Morris, Gerardus Kemps and James Phillips.
Read more on Northern Star
Any dramatic technological breakthrough inevitably brings with it some form of negative reaction and sadly the revolution in mobile phone use in the UK has proved to be no different.
The vast sums of money that this dynamic industry generates have drawn the usual numbers of petty crooks and con artist who will try and make some dishonest cash on the backs of the innocent cell phone user.
Many mobile phone users are blissfully unaware of the tricks and ruses that these cellular criminals use to earn their dishonest living.
Whilst the financial damage may not be crippling, and most mobile phone users never even discover that they have been victims to a mobile phone fraud, the amount of money that is being taken out of the system is considerable.
The UK’s major mobile phone service providers are constantly alert to the dangers and costs of mobile phone fraud and have made considerable inroads in its prevention. However no one is really able to put a figure on how much it cost to either the provider or the consumer.
Fraudsters are constantly on the look-out for opportunities to tap into a mobile phone and clone its details. The phone companies are especially aware of this type of fraud and have made considerable provisions to prevent it. However as the service providers have become increasingly sophisticated in their methods of security, the cyber criminals have also increased and improved their means of tapping into a mobile phone’s data base.
Once this happens the criminal has free reign to use your phone details to make or even sell unlimited telephone calls to any location in the planet. They can either decide to make a one month blitz as they normally do or spin out the pleasure over a longer period.
The latter option is rare, because they stand a larger chance of being traced if the owner becomes suspicious. What usually happens is that the subscriber gets a monthly bill which is massive. If the subscriber can prove that they never made these calls, they will generally be reimbursed.
How can this type of cell phone cheat be prevented?
If someone that you don’t know calls you on a mobile phone with a restricted identity number and leaves you a message to call another cell phone number to receive some important information, the chances are that they are trying to clone your mobile phone number and other details. Criminally driven technology has been developed that will enable this. If you think that someone is trying to pull this stroke on you, don’t call back. Instead contact your mobile phone service provider with all the details.
Subscriber fraud is another type of cell phone scam that has become a problematic issue. The repercussions from subscriber fraud are potentially more serious as in truth subscriber fraud represents identity theft in another format. How it works is that the cyber criminal takes a person’s identity at random and uses it to establish an account with a cell phone service provider.
At one time, the system was more open to this type of fraud than it is now. However the service providers have gradually increased their security and identification procedures to an extent that it is virtually impossible. However if the phone scam expert is sophisticated enough one or two deals will slip through and can create a long term problem for the hapless victim.
One thing that stands out in mobile phone fraud is that the subscriber is rarely to blame for what happens, and the battle is between the service provider, the police and the criminal. For that reason, people who find themselves victims of mobile phone fraud should report immediately to their service provider, who will, in the majority of cases, reimburse their customers for any losses.
This day and age, credit card fraud is very common. Victims of this type of fraud often experience a lot of hassle and stress. If you have one, you should always be aware of the security features that is included with the card. If you are looking to get a one, you should always make sure that it offers plenty of security.
With credit card companies all over the United States, this kind of fraud is becoming more and more common. Consumers are becoming more and more aware of the situation, and always look for ways to protect themselves. Many companies that offer cards are looking into other methods of security, to prevent fraud from happening.
The best way to protect yourself against fraud is to check your monthly statements that you receive. By looking at your statements, you’ll easily be able to tell if your account has suffered any type of fraud.
If you notice any type of fraudulent charges, you should instantly contact your credit card company and inform them. This way, they look into it and try to retrieve the money that was illegally stolen from you.
Another way that you protect yourself from fraud is to never reply to emails that may appear to be sent by your bank or credit card company. There are a lot of fake emails going around, that will steal your information should you enter it in. You should always use caution with emails, and reply only if you know that the email was indeed sent from your bank or credit card provider.
You can also protect yourself from fraud by keeping your card around you at all times. When you hand it to someone to make a payment, ensure that it is given back to you promptly. You should also keep it safe from others so they can’t view your information. When you carry it with you, you should always keep it in a safe place, such as your wallet. This way, you don’t have to worry about it falling out.
There are always steps that you can take, to avoid falling into the trap of thieves and criminals. Criminals are always out there, looking for ways that they can steal your credit card information. Therefore, it’s up to you to protect yourself. Credit card fraud happens quite frequently these days, normally as a result of card holders not being aware of how to protect themselves.
Anytime you suspect fraud, you should contact your bank or company. This way, you can let them know what happened – and take the necessary steps in stopping fraud before it goes on any farther.