
Matthew Phillips scores against his old team, Capitals beat the Flames 3-2 in a shootout
Matthew Phillips scored against his old team to help the Washington Capitals beat the Calgary Flames 3-2 for their first win of the season
2023-10-17 10:20

UBS, Swiss finance blog settle Credit Suisse legacy lawsuit
ZURICH UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog
2023-08-29 13:18

War, Debt Distress, Inflation: G-20 Finance Chiefs Spar in India
The finance and central bank chiefs of the world’s largest economies will debate the risks of Russia’s prolonged
2023-07-15 10:53

Crypto investment fraud warning issued by major bank
A major bank has issued a warning about crypto investment scams, with victims standing to lose more than £10,000 on average and young adults often being particularly at risk. Lloyds Bank has recorded a 23% rise in reports of cryptocurrency investment scams by customers in its banking group (including Lloyds Bank, Halifax and Bank of Scotland) between January and September 2023, compared with the equivalent period last year. Victims are losing £10,741 on average, up from £7,010 last year, the bank said, with many of the scams it analysed originating on social media. The most common age range for crypto scam victims is 25 to 34 years old, Lloyds said. Would-be crypto investors typically make an average of three payments before they realise they have been scammed, taking around 100 days from the date of the first transaction before they report it to their bank, Lloyds added. Crypto is a highly risky asset class and remains largely unregulated, which makes it an attractive area for fraudsters to exploit Liz Ziegler, Lloyds Bank Fraudsters often pose as investment managers, promising that any payments made by the victim will be invested on their behalf, often with the promise of huge returns. Sometimes the victim will be shown a fake investment account, suggesting that the funds are already making a profit, or a small amount of money will be transferred back into their bank account. But often there is no genuine crypto holding and the fraudster will disappear. In some cases, there will be an actual investment account held in the victim’s own name and registered with a legitimate platform. But once funds have been deposited, victims may be tricked into handing over their account login details, or passing control of their digital wallet over to the fraudster. They might also be directed to transfer cryptocurrency from within their own account to another digital wallet, which is under the control of criminals. Liz Ziegler, fraud prevention director at Lloyds Bank, said: “Crypto is a highly risky asset class and remains largely unregulated, which makes it an attractive area for fraudsters to exploit. If something goes wrong, you’re unlikely to get your money back.” Here are Lloyds’ tips for protecting yourself from crypto fraudsters: – Criminals often put adverts for scam crypto investments on social media. They can also send offers by direct message. They will promise returns that you cannot get elsewhere or make claims about “guaranteed” profits. If you are contacted out of the blue about an investment, it is likely a scam. – Fraudsters can easily set up fake companies, social media profiles and websites to clone real firms. Use the Financial Conduct Authority (FCA) website to find genuine contact details for a company and check for warnings about fake firms. Always do your own research or seek professional financial advice. – Never share the log in details for your investment account or your private cryptocurrency keys with anyone else. A legitimate firm would never ask you for this. Remember, if you transfer funds to another account that is not in your name, you have lost control of your money. – Fraudsters may ask you to pay an account in a different name to the company you are meant to invest with. If the names do not match, it is a sign of a scam. Paying by card (rather than a bank transfer) may offer you more protection if something goes wrong. Read More Council investigating extent of cyber attack that affected website and systems Setback for Ireland as EU legal adviser recommends revisit of Apple tax case Smartphones ‘may be able to detect how drunk a person is with 98% accuracy’ Ireland and Apple await major development in long-running EU tax dispute Guidance urges parents not to buy smartphones for primary school children William ‘blown away’ by futuristic technology from Singapore start-ups
2023-11-10 08:24

Who introduced Joe Rogan to martial arts? Exploring UFC commentator’s MMA records
Joe Rogan said, 'Lee influenced a whole culture, he’s absolutely the original reason why I got interested in martial arts'
2023-07-09 17:22

Top-ranked Swiatek retires from Italian Open quarterfinal due to injured right thigh
Two-time defending champion Iga Swiatek has had to retire in the third set of her Italian Open quarterfinal against Wimbledon champion Elena Rybakina because to a right thigh injury
2023-05-18 07:47

Football rumours: Manchester City look to tie down Erling Haaland to new deal
What the papers say Manchester City are looking to fend off Real Madrid to keep hold of striker Erling Haaland, according to The Daily Telegraph. The double winners – who aim to complete the treble in Saturday’s Champions League final – are hoping the 22-year-old Norwegian signs a new deal. City’s rivals Manchester United believe landing Tottenham striker Harry Kane is “unlikely”, says The Daily Telegraph. But they are on the brink of a £50million offer to Chelsea for midfielder Mason Mount. Chelsea, meanwhile, have edged ahead of Paris St Germain in the pursuit of midfielder Manuel Ugarte from Sporting. The Daily Mirror says the proposed deal for the 22-year-old Uruguayan would include buying a minority stake in the Portuguese club. Crystal Palace have offered Wilfried Zaha, 30, a fresh contract but they face competition from Al Sadd for the forward, according to The Sun. The deal is worth around £150,000 a week, which falls short of the offer from the Qatari side. Social media round-up Players to watch Habib Diallo: West Ham and Burnley are keen on the 27-year-old Senegal striker from Strasbourg. Jack Butland: The former England goalkeeper, 30, is wanted by Rangers after Crystal Palace opted not to extend his contract following a loan spell at Manchester United. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-05 14:19

Armed Utah man shot by FBI last week carried AR-15 in 2018 police encounter, records show
Police records show a Utah man killed by officers last week as they tried to arrest him for social media threats he made against President Joe Biden and others had a history of frightening people with firearms
2023-08-17 02:18

Boise State again the favorite in the Mountain West but seeking first title since 2019
It’s been four years since Boise State last claimed a Mountain West championship
2023-08-19 05:20

Former Anaheim mayor agrees to plead guilty to federal charges related to attempted sale of Angel Stadium
A former Anaheim mayor has agreed to plead guilty to federal charges stemming from an FBI investigation into corruption for the attempted sale of Angel Stadium, according to a plea agreement filed Wednesday.
2023-08-18 02:47

'Crooked Coffee': The alleged election office breach in the Trump indictment was part of a years-long pattern, some locals say
Some residents in Georgia's rural Coffee County say voter intimidation and suppression has always been a part of their lives.
2023-09-02 17:15

Germany hits back at Elon Musk after he wades in on migrant debate
Germany has hit back at Elon Musk after the billionaire businessman waded into the country's debate on migration.
2023-10-01 00:48
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