Turning detective – the power of research and due diligence
New research from the Financial Conduct Authority (FCA) has revealed that the UK may be a nation of hidden sleuths. The latest findings are that 25% of investors who avoided a scam have emulated the great Sherlock Holmes and ‘turned detective’ – using research and the old-fashioned power of gut
To be forewarned is to be forearmed against crypto scams
As fraudsters evolve, individuals investing in cryptocurrency must be wary and do their due diligence to stay one step ahead. Writing for City A.M., Head of Corporate Development and Compliance, Mehmet Goksen, outlines the necessary due diligence that investors need to undertake when investing in risky crypto assets.
Reimbursing victims may result in more bank scams
With Authorised Push Payment fraud rampant, new rules have been proposed to reimburse fraud victims of their losses. However, the rules are questionable. In a letter to the editor at Financial Times, Mehmet Goksen, our Head of Corporate Development and Compliance, outlines how rules of this nature might even result
Romance scams on the rise – how to spot a swindler this Valentine’s Day
According to recent research from UK Finance, almost 30% of people who meet others online are asked to lend money to someone they have not met in person. This Valentine’s Day it’s crucial to remember that romance scams are on the rise (up 31% in 2022) and heartless criminals are
Digital fraudsters are evolving
As individuals live more of their daily lives online, fraudsters are evolving their methods to become more complex and convincing - at a cost of millions to fraud victims in the UK. In an article for Business Reporter, our Head of Corporate Development and Compliance, Mehmet Goksen, explains why fraud figures