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  • 'Amazon' fraudsters are stealing thousands from unsuspecting victims

    UK-wide, Action Fraud has received over 200 reports about such incidents since September - with victims losing at least £400,000.

    Britons are being urged to be on their guard after a fraudster claiming to be from Amazon swindled two people out of £15,000. The telephone scam sees victims receive...
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  • 5corpio
    started a blog post DSG -Dixon store group fined half million customer data

    DSG -Dixon store group fined half million customer data

    National retailer fined half a million pounds for failing to secure information of at least 14 million people

    The Information Commissioner’s Office (ICO) has fined DSG Retail Limited (DSG) £500,000 after a ‘point of sale’ computer system was compromised as a result of a cyber-attack, affecting...
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  • 5corpio
    started a blog post LCF investors see compensation hopes dashed

    LCF investors see compensation hopes dashed

    Thousands of first-time investors who lost their savings after investing with London Capital & Finance (LCF) have been told it is unlikely they will qualify for compensation. Nearly 12,000 people put £236m into the firm which collapsed a year ago. The Financial Services Compensation Scheme (FSCS)...
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  • 5corpio
    started a blog post Energy customers hit with backdated bills

    Energy customers hit with backdated bills

    When Clare Crisp received an email from her energy provider, Shell Energy last November, she was shocked and confused. Her direct debit had been nearly doubled from £72 to £130 per month, despite her account previously being £148 in credit. "I looked at my bills and thought: what on earth has...
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  • 5corpio
    started a blog post 'Mortgage prisoners' sue over 'unfair' rates

    'Mortgage prisoners' sue over 'unfair' rates

    Mortgage borrowers "unfairly trapped" on high interest rates when their lenders were nationalised are launching legal action against the companies they say are responsible. Some 150,000 homeowners are said to have been overcharged for years, unable to switch to a cheaper deal after their mortgages...
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  • 5corpio
    started a blog post Washing machine recall: Whirlpool 'sorry' as website crashes

    Washing machine recall: Whirlpool 'sorry' as website crashes

    Worried owners of Hotpoint and Indesit washing machines are still struggling to access a recall website to check whether their machine is a fire risk. Half a million appliances need to be fixed or replaced as their door locking system can overheat. But manufacturer Whirlpool's model checker website...
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  • 5corpio
    started a blog post Boss of the rip-off copycat 'DVLA' website 'DVLA Licence Apply'

    Boss of the rip-off copycat 'DVLA' website 'DVLA Licence Apply'

    ... and guess what, he's a privately educated solicitor!
    • Simon Button is the man behind the rip-off 'DVLA Licence Apply' website
    • He charges £91.60 for providing a licence - but it costs £34 from the DVLA
    • City Editor Alex Brummer among those who mistook it for the official site
    The homepage of...
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  • 5corpio
    started a blog post Half a million people forced to chase rebates

    Half a million people forced to chase rebates

    Nearly half a million people had to chase the taxman for rebates last year, according to figures by insurer Royal London. Switching jobs or being subject to changes in taxable benefits are common reasons why people might have paid too much tax, says HM Revenue & Customs. Becky O'Connor, a personal...
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  • 5corpio
    started a blog post customers of One Stop Money Manager Limited

    customers of One Stop Money Manager Limited

    One Stop Money Manager Limited (FRN 900044) is authorised and supervised by the FCA to issue e-money and provide payment services under the Electronic Money Regulations 2011.

    However, as of 4 December 2019 it is no longer able to conduct this regulated business because the FCA has imposed...
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  • 5corpio
    started a blog post Pensioner in £193,000 inheritance battle after sort code error

    Pensioner in £193,000 inheritance battle after sort code error

    A pensioner has been forced to take legal action after a bank withheld his £193,000 inheritance. Peter Teich, 74, from Cambridge gave his solicitor the wrong sort code and the money was mistakenly transferred to another Barclays customer's account, who refused to return it. He expected to receive the...
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  • 5corpio
    started a blog post 'We’re sorry for Thomas Cook refund delay'

    'We’re sorry for Thomas Cook refund delay'

    The body repaying money owed to Thomas Cook customers after the tour firm collapsed has apologised to thousands of customers facing refund delays. Paul Smith, director at the Civil Aviation Authority, said "we are very sorry" and promised the CAA is "working tirelessly" to process...
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  • 5corpio
    started a blog post England flooding: Why insurance may not cover damage

    England flooding: Why insurance may not cover damage

    As a business owner, it is the worst kind of double-whammy - first flood waters pour through the premises, and then the insurance does not cover the cost of starting over again. Pam Webb told the BBC that her spa in Fishlake, near Doncaster, was once covered for such a situation, but not anymore. "I...
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  • 5corpio
    started a blog post Banks disagree on how to pay for fraud refunds

    Banks disagree on how to pay for fraud refunds

    The UK's banks have disagreed on how to pay for refunds to customers who have been tricked into transferring money to sophisticated fraudsters. A temporary agreement has been in place since May, making it easier for victims of so-called authorised push payment (APP) fraud to get money back. Now it has...
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  • 5corpio
    started a blog post Currys PC World customers scammed via eBay

    Currys PC World customers scammed via eBay

    Fraudsters have stolen thousands of pounds from Currys PC World customers after hijacking the retailer's eBay account. Criminals were able to change payment details on a number of eBay listings, including for the iPhone 11. This enabled them to siphon money from unwitting customers who paid for goods...
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  • 5corpio
    started a blog post QuickQuid victims promised 'easy' compensation scheme

    QuickQuid victims promised 'easy' compensation scheme

    Borrowers who believe they were mis-sold a loan by collapsed payday lender QuickQuid will need to apply for compensation via an online portal. The company's administrators, Grant Thornton, will run the system and have promised it will be "quick and easy". The portal is not yet live, but is...
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  • 5corpio
    started a blog post Biggest payday lender QuickQuid on brink of collapse

    Biggest payday lender QuickQuid on brink of collapse

    Britain's biggest-remaining payday lender is on the verge of collapse, accelerating the demise of consumer finance providers in the wake of a regulatory crackdown. Sky News has learnt that CashEuroNet UK, which trades under the QuickQuid brand, could be placed into administration within a matter of...
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  • 5corpio
    started a blog post WeWork warns of job cuts after Softbank rescue

    WeWork warns of job cuts after Softbank rescue

    WeWork leaders have warned staff to expect major job cuts after a shake-up at the struggling co-working company. Softbank, the firm's biggest outside investor, has agreed to invest billions in the firm after the collapse of WeWork's flotation plans and ouster of co-founder Adam Neumann. Its chief operating...
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  • 5corpio
    started a blog post Britain's cyber-defence cARD fRAUD

    Britain's cyber-defence cARD fRAUD

    Britain's cyber-defence centre has thwarted more than one million cases of suspected payment card fraud in the last year, its annual review reveals. The National Cyber Security Centre (NCSC) said a dedicated anti-fraud effort stopped the cards being abused. It said it had stopped more than 1,800 cyber-attacks...
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  • 5corpio
    started a blog post RBS slumps to loss after £900m hit from PPI

    RBS slumps to loss after £900m hit from PPI

    Royal Bank of Scotland has swung to a loss in the third quarter after taking a hit from the cost of payment protection insurance. The Edinburgh-based bank, in which the government owns a 62% stake, added its investment bank had a "particularly challenging" three months. It reported a pre-tax...
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  • 5corpio
    started a blog post Raphaels Bank to shut all savings accounts in 60 days

    Raphaels Bank to shut all savings accounts in 60 days

    handing back £99m in deposits - where should savers head next?

    • The bank has been around 1787 but has struggled in recent years
    • It has already sold off its loan book and its owner has tried to sell the bank
    • In a statement on its website it said it has given depositors 60 days notice to find somewhere
    ...
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