{"id":93849,"date":"2018-07-14T13:00:36","date_gmt":"2018-07-14T06:00:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-is-it-so-hard-for-banks-to-stop-the-fraudsters\/"},"modified":"2018-07-14T14:04:15","modified_gmt":"2018-07-14T07:04:15","slug":"why-is-it-so-hard-for-banks-to-stop-the-fraudsters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-is-it-so-hard-for-banks-to-stop-the-fraudsters\/","title":{"rendered":"Why is it so hard for banks to stop the fraudsters?"},"content":{"rendered":"


\nBanks are accused of failing to shut accounts used by scammers \u2013 but that could soon changeThey are a close-knit band of anonymous fraud fighters, who crusade for justice for victims of online crime \u2013 and spend much of their time \u201cbaiting\u201d and catching the crooks. But what infuriates \u201cBuster Jack\u201d and his secretive colleagues is when they warn a bank about a fraud\u00a0\u2013 such as identifying an account used by crooks \u2013 and the bank fails to act.According to \u201cJack\u201d, he contacted TSB about an account at the bank that was being used by a scammer to launder funds. Yet three days later someone was persuaded by a fraudster to pay \u00a33,600 into the account \u2013 and has not been able to recover the money. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Why is it so hard for banks to stop the fraudsters?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Banks are accused of failing to shut accounts used by scammers \u2013 but that could...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-93849","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-opH","jetpack-related-posts":[{"id":7342,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-are-trying-to-pin-the-blame-for-card-fraud-on-you\/","url_meta":{"origin":93849,"position":0},"title":"Banks are trying to pin the blame for card fraud on \u2026 you","date":"May 5, 2012","format":false,"excerpt":"\r Customers are increasingly being refused a refund after their bank card was stolen or accounts hackedIf a current account is hacked and fraudsters start making purchases and cash withdrawals using the card and pin \u2013 intercepted by the crooks \u2013 most customers would expect the bank to repay the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10774,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sim-swap-fraud-claims-another-mobile-banking-victim\/","url_meta":{"origin":93849,"position":1},"title":"Sim-swap fraud claims another mobile banking victim","date":"April 16, 2016","format":false,"excerpt":"\r Chris Sims\u2019 account emptied and loan for \u00a38,000 taken out as fraudsters continue to exploit way banks use customers\u2019 mobilesChris Sims was sitting in his Nottingham home a fortnight ago when his iPhone, on the EE network, suddenly stopped working. Within 75 minutes the fraudsters who had hijacked his\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mobile-banking-in-the-spotlight-as-fraudsters-pull-6000-sting\/","url_meta":{"origin":93849,"position":2},"title":"Mobile banking in the spotlight as fraudsters pull \u00a36,000 sting","date":"April 2, 2016","format":false,"excerpt":"\r John Ellard found himself caught up in a deception involving both O2 and NationwideIf your bank has your mobile number to help it \u201cmanage\u201d your current account, you may want to have a rethink. John Ellard, managing director of a small internet service provider, has had his Nationwide current\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sim-swap-gives-fraudsters-access-all-areas-via-your-mobile-phone\/","url_meta":{"origin":93849,"position":3},"title":"\u2018Sim swap\u2019 gives fraudsters access-all-areas via your mobile phone","date":"September 26, 2015","format":false,"excerpt":"\r There\u2019s a new, little-known scam designed to empty your bank account, as one Vodafone customer found to her costWhen Emma Franks\u2019 mobile phone stopped working she assumed there was a technical problem and called her provider, Vodafone. To her surprise she was told that her sim card had been\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22765,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-familys-nightmare-as-fraudsters-ransack-barclays-account-by-phone\/","url_meta":{"origin":93849,"position":4},"title":"One family's nightmare as fraudsters ransack Barclays account by phone","date":"August 13, 2016","format":false,"excerpt":"\r Criminals changed the address on a teacher\u2019s account, then took out a \u00a324,000 loan in her name and stole her savingsFraudsters can contact Barclays bank, pose as a customer, ask for that person\u2019s account address to be changed, then take out huge loans against their name \u2013 as one\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-lost-120000-in-an-email-scam-but-the-banks-wont-help-get-it-back\/","url_meta":{"origin":93849,"position":5},"title":"\u2018We lost \u00a3120,000 in an email scam but the banks won\u2019t help get it back\u2019","date":"October 21, 2017","format":false,"excerpt":"\r In another example of a growing menace, the Scotts thought they were sending money to their solicitor\u2019s bank account. Little did they know it went to a fraudsterIt is the worst case of email intercept fraud that Money has ever featured. An Essex couple have lost \u00a3120,000 after sending\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93849"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=93849"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93849\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}