Wendy Aldridge Intelligence Analyst National Fraud Intelligence Bureau wendy.aldridge@city-of-london.pnn.police.uk

1. Wendy Aldridge Intelligence Analyst National Fraud Intelligence Bureau wendy.aldridge@city-of-london.pnn.police.uk UK Fraud Perspective The National Fraud Intelligence Bureau (NFIB)

2. Contents • What is the NFIB • Current Fraud Trends • Charity Fraud • ATM Fraud • Land Banking Fraud

3. …without a central repository of knowledge detailing what fraud is perpetrated, where, by whom, against whom, in what form and at what cost, it is impossible for law enforcement agencies and other key stakeholders adequately to combat this crime, or to reduce the direct and subsidiary harm it causes to the economic well-being of the nation. Fraud Review 2006

4. What is the NFIB? Assessments Action Fraud Fraud Trends Industry Alerts Operational Support External Data Sources Evidential Support

5. Current Fraud Trends • Online Shopping • Fraudulent / bogus ticket sales • PC anti virus resellers • Leisure and Personal commodity sales • Vehicle fraud

6. Current Fraud Trends • Advance Fee Frauds • Loans • Debt/fee Recovery • Overseas time shares • UK property rental complaints

7. Current Fraud Trends • This year 38 Action Fraud Reports have been sent to Lancashire Police • Advance Fee • Online Shopping • Professional Services • Share Purchase Fraud • Dating Scam

8. Charity Fraud • The collection of charity bags, both registered and unregistered, which are then sold to second hand clothing stores abroad. • MO – organised criminality; set up a shell company and shadow the registered charities collection days • estimated loss of £50,000 a week (Clothes Aid) • taking place nationally – Operation Jasper established • grey area of the law • limited understanding of how the monies are moved.

9. ATM Frauds Cash Traps A metal/plastic bar is attached to the original cash dispenser of the ATM which prevents the monies being dispensed to the customer after a transaction is made. The monies are trapped there until it can be retrieved by the offenders.

10. ATM Frauds Lebanese Loop A piece of metal/plastic is attached to a throat device which prevents the return of the card. The PIN is retrieved either by camera, shoulder surfing or direct communication with the victim.

11. ATM Frauds False Fronts A device is attached to the front of the ATM including the throat area. As the card goes through the device the MAG strip and PIN details are recorded for retrieval at a later stage or sent via blue tooth to the offender.

12. Land Banking Fraud High pressured sales in the purchase of misrepresented or non existent land • emerging trend • predominantly UK based • operate in a similar way to a share purchase fraud establishment • links with the fraudulent sale of wine and fine art • monies are initially transferred to UK bank accounts • operate within a grey area of the justice system

13. Suspicions should be raised if • you hear people talking about having an alias name when talking to investors • a rented office is receiving mail for numerous company names which are not the company name that the office space was originally rented under • account activity indicates monies in from numerous accounts and then an immediate transferral or withdrawal is made • funds coming into bank account are far in excess than initially stated Land Banking Frauds

14. Any questions?

15. Wendy Aldridge Intelligence Analyst National Fraud Intelligence Bureau wendy.aldridge@city-of-london.pnn.police.uk UK Fraud Perspective The National Fraud Intelligence Bureau (NFIB)