BAKER FRAUD REPORT  — News you can use

April 6, 2017

UK releases financial fraud data for 2016

UK loses £2 million every day to financial fraud

Payment card fraud losses of £618 million

Losses on card not present totaled £432.3 million

Financial Fraud UK organized a campaign to raise awareness of fraud and scams.  It was called Take Five to Stop Fraud, and during a one day event held of March 16 some 6800 branch banks talked to customers about simple ways to protect against fraud.  What a great idea!


Consumer Tip of the Week

Did you know?  It is illegal to use telemarketing to sell Durable Medical Equipment, whether the calls are deceptive or not. 

Chicago man sentenced for telemarketing for unneeded durable medical equipment; got orders and received kickbacks from those providing the services

 Jamaica Lottery Fraud

Fake Checks


Education, Warnings and Resources



IRS warns of phishing scams that trick organizations into sending along W-2 forms to steal identities for filing bogus tax returns

IRS says: “Currently, a particularly dangerous email scam is circulating. Cybercriminals use various spoofing techniques to disguise an email, making it appear as if it is from an organization executive. The email is sent to an employee in the payroll or human resources department, requesting a list of all employees and their Forms W-2.  This scam is sometimes referred to as business email compromise (BEC) or business email spoofing (BES).”

Romance Fraud

ATM Skimming

 Just for fun….


Amazing holograph of a whale: Projectionholographique1.mp4