UK Government: Social and Psychological Implications of Fraud – 2024

UK Government: Social and Psychological Implications of Fraud

Psychology of Scams

Authors:
• UK Parliament – Government of the United Kingdom
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.

About This Article

Fraud poses a significant threat to the UK, with 4 in 10 offences targeting individuals. The government’s 2023 Fraud Strategy aims to combat this, emphasizing victim support and prevention.

While stereotypes of elderly victims persist, fraud risks vary due to psychological and social factors. Beyond financial loss, fraud inflicts emotional and psychological harm.

Victims often report fraud to banks rather than authorities. Effective prevention strategies involve education and enhanced victim care. This POSTnote underscores the multifaceted nature of fraud and the need for comprehensive, collaborative approaches to mitigate its impact on individuals in England and Wales.

Meta Platforms (Facebook & Instagram) Caught Lying About The Number of Real Users To Advertisers 2024

Meta Platforms (Facebook & Instagram) Caught Lying About The Number of Real Users To Advertisers

Courts Rule They Can Be Sued for Misrepresentation (a.k.a. Fraud)

Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• By Jonathan Stempel, Reuters

About This Article

The 9th U.S. Circuit Court of Appeals ruled in a 2-1 decision that Meta Platforms, owner of Facebook and Instagram, must face a class-action lawsuit filed by advertisers. The lawsuit alleges Meta overcharged advertisers by fraudulently inflating the potential reach of their ads, using metrics based on social media accounts rather than actual people, leading to potential viewer overestimations of up to 400%.

While the court allowed advertisers to sue for damages as a group, it decertified a separate class seeking injunctive relief. Advertisers estimate Meta may owe over $7 billion in damages. Meta, with ads generating most of its revenue, has yet to comment.

SCARS Editorial Team2024-04-08T17:16:16-04:00April 8th, 2024|Categories: • GOVERNMENT / REGULATORY, 2024, NEWS, Reuters, SCARS Editorial Team|Tags: Advertisers, Class Action, Facebook, Fake Profiles, Fake Users, Fraud, Instagram, Lawsuit, Meta Platforms|

Susceptibility To Deception/Scams/Fraud With Victims Who Also Suffer From Mental Disorders – 2024

Susceptibility To Deception/Scams/Fraud With Victims Who Also Suffer From Mental Disorders

Helping Scam Victims and their Families Better Understand the Impact of Deception, Scams, or Fraud on those with Mental Disorders

Scam Victim Recovery Psychology

Authors:
• Vianey Gonzalez B.Sc(Psych) – Psychologist, Certified Deception Professional, Psychology Advisory Panel & Director of the Society of Citizens Against Relationship Scams Inc.
• Tim McGuinness, Ph.D. – Anthropologist, Scientist, Director of the Society of Citizens Against Relationship Scams Inc.
• Based on research by the United States National Institute of Mental Health

About This Article

Individuals with diagnosed mental disorders are not only profoundly susceptible to deception but can be even more vulnerable to scams or fraud. Mental disorders can significantly impact cognitive functions and decision-making abilities, potentially increasing susceptibility to scams.

This article examines the relationship between the top ten common mental disorders and vulnerability to deception, scams, and fraud, emphasizing affected brain functions. While it serves as Read More …

SCARS Editorial Team2024-04-04T11:58:48-04:00April 4th, 2024|Categories: • PSYCHOLOGY, 2024, ARTICLE, Tim McGuinness PhD, Vianey Gonzalez B.Sc(Psych)|Tags: Deception, Fraud, Mental Disorders, Scam Victims, Scams, Susceptibility|

UK Engaged In Massive Crackdown on Fraud – Over 400 Arrests – 2024 [VIDEO]

UK Engaged In Massive Crackdown on Fraud – Over 400 Arrests

Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• UK National Crime Agency

About This Article

Operation Henhouse, a UK law enforcement/police campaign targeting fraud and scams, resulted in over 400 arrests and £19 million seized across February and March 2024. Coordinated by the National Economic Crime Centre and City of London Police, it involved all UK police forces and agencies like the Financial Conduct Authority and National Crime Agency.

The crackdown aimed to combat the pervasive threat of fraud, which accounts for 40% of UK crime reports and costs £6.8 billion annually. With substantial arrests and disruptions nationwide,

SCARS Editorial Team2024-03-31T11:43:32-04:00March 31st, 2024|Categories: • CRIMES & CRIMINALS, • CRIMINAL JUSTICE, 2024, NEWS, SCARS Editorial Team, UK, UK Government, VIDEO / AUDIO|Tags: Arrests, Fraud, Law Enforcement, London Police, National Crime Agency, Seizures, UK|

NACHA Changes Credit-Push ACH Payments Rules To Fight Scams & Fraud – 2024

NACHA Changes ACH Credit-Push Payments Rules To Fight Scams & Fraud

Placing More Responsibility on the Financial Services Sector to Police Scams & Fraud

Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• NACHA

About This Article

Nacha members have endorsed rules to combat fraud, including business email compromise (BEC), leveraging credit-push payments. These rules mandate ACH payment monitoring for all network participants (excluding consumers), marking a pivotal shift.

Despite not altering liability, recipient financial institutions (RDFIs) gain a monitoring role for the first time. With BEC scams, vendor impersonation, and payroll fraud causing significant losses, the need for action is urgent.

SCARS Editorial Team2024-03-20T08:29:55-04:00March 20th, 2024|Categories: • GOVERNMENT / REGULATORY, 2024, Additional Authors, ARTICLE, SCARS Editorial Team, USA|Tags: ACH Payments, Fraud, NACHA, Prevention, Scams|

The Global Fraud Summit In The UK – 2024

The 2024 Global Fraud Summit In The UK

Addressing Global Fraud & Cybercrimes

Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• UK Home Office

About This Article

The historic Global Fraud Summit, held in the UK on March 10-11, 2024, brought together world leaders, industry experts, and representatives from multiple continents to tackle the growing threat of global fraud.

The summit aimed to foster international collaboration, raise public awareness, and develop strategies to disrupt criminal operations and prevent future scams.

A key outcome was the establishment of a joint communique outlining areas of focus, including information sharing, law enforcement cooperation, public education campaigns, and technological solutions.

This summit signifies a major step towards a more unified global front against fraud.

SCARS Editorial Team2024-03-15T14:57:53-04:00March 15th, 2024|Categories: • ADVOCACY / POLICY, • GOVERNMENT / REGULATORY, 2024, ARTICLE, SCARS Editorial Team, UK Government, WORLDWIDE|Tags: Cybercrime, Fraud, Global Fraud Summit, Government Policy, Scams, UK|

Fraud & Scams Are So Big We Need To Teach It In Schools – 2024

Fraud & Scams Are So Big We Need To Teach It In Schools

An Editorial About The Need To Share Anti-Fraud Information With Children!

Authors:
• Yaniv Hanoch, Professor in Decision Science, University of Southampton
• Stacey Wood, Professor of Psychology, Scripps College

Article Abstract

The growing prevalence of fraud demands a critical shift in education, urging the inclusion of anti-fraud teachings in school curricula. With fraud cases rising by 25% in the UK alone, encompassing over 40% of individual crimes, the traditional view of fraud as an issue solely affecting the gullible or vulnerable is outdated.

SCARS Editorial Team2024-01-07T10:47:29-05:00January 2nd, 2024|Categories: • ADVOCACY / POLICY, • FEATURED ARTICLE, 2024, ARTICLE, GUEST AUTHORS, The Conversation|Tags: Children, Fraud, Scams, Schools|

The Importance Of Taxonomies In Understanding Scams Fraud & Cybercrimes – 2023

The Importance Of Taxonomies In Understanding Scams Fraud & Cybercrimes

Criminology

Author:
• Tim McGuinness, Ph.D. – Anthropologist, Scientist, Director of the Society of Citizens Against Relationship Scams Inc.

Article Abstract

The article delineates the paramount significance of taxonomies in criminology, cybersecurity, fraud prevention, and law enforcement, emphasizing their role in creating unified frameworks for understanding criminal behavior.

SCARS Editorial Team2024-01-10T14:50:02-05:00June 20th, 2023|Categories: • CRIMINOLOGY, 2023, ARTICLE, Tim McGuinness PhD|Tags: Cybercrime, Fraud, Scams, Taxonomy|

UK Government: Social and Psychological Implications of Fraud

Psychology of Scams

Authors: • UK Parliament – Government of the United Kingdom • SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.

About This Article

Meta Platforms (Facebook & Instagram) Caught Lying About The Number of Real Users To Advertisers

Courts Rule They Can Be Sued for Misrepresentation (a.k.a. Fraud)

Authors: • SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc. • By Jonathan Stempel, Reuters

About This Article

Susceptibility To Deception/Scams/Fraud With Victims Who Also Suffer From Mental Disorders

Helping Scam Victims and their Families Better Understand the Impact of Deception, Scams, or Fraud on those with Mental Disorders

Scam Victim Recovery Psychology

About This Article

UK Engaged In Massive Crackdown on Fraud – Over 400 Arrests

Authors: • SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc. • UK National Crime Agency

About This Article

NACHA Changes ACH Credit-Push Payments Rules To Fight Scams & Fraud

Placing More Responsibility on the Financial Services Sector to Police Scams & Fraud

Authors: • SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc. • NACHA

About This Article

The 2024 Global Fraud Summit In The UK

Addressing Global Fraud & Cybercrimes

Authors: • SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc. • UK Home Office

About This Article

Fraud & Scams Are So Big We Need To Teach It In Schools

An Editorial About The Need To Share Anti-Fraud Information With Children!

Authors: • Yaniv Hanoch, Professor in Decision Science, University of Southampton • Stacey Wood, Professor of Psychology, Scripps College

Article Abstract

The Importance Of Taxonomies In Understanding Scams Fraud & Cybercrimes

Criminology

Author: • Tim McGuinness, Ph.D. – Anthropologist, Scientist, Director of the Society of Citizens Against Relationship Scams Inc.

Article Abstract

Authors:
• UK Parliament – Government of the United Kingdom
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.

Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• By Jonathan Stempel, Reuters

Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• UK National Crime Agency

Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• NACHA

Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• UK Home Office

Authors:
• Yaniv Hanoch, Professor in Decision Science, University of Southampton
• Stacey Wood, Professor of Psychology, Scripps College

Author:
• Tim McGuinness, Ph.D. – Anthropologist, Scientist, Director of the Society of Citizens Against Relationship Scams Inc.