Fraud in the era of COVID-19

Recently our Head of Fraud Investigation, Alex Beaven, spoke to our Financial Institution partners via an informative webinar on the different types of fraud that individuals and businesses may be subject to during COVID-19.

We received an abundance of positive feedback from you all and hope to share more of this content during the next quarter. To revisit the webinar please click the button below.

Fraud Awareness and Protection in the era of COVID-19 – Financial Institutions
Fraud Awareness and Protection in the era of COVID-19 – Financial Institutions

Tips for Mitigating the Risk of Fraud

Fake goods:
  • Only deal with a confirmed supplier. This could be a business you have successfully purchased from previously, who is government authorised, or recommended by someone you trust.
Malicious Emails:
  • Never click on any link or open any attachment within an email unless it is from a known and confirmed contact.
  • If receive an email from a website you have subscribed to, go directly to the website to check your account. Do not use any link in the email.
  • Delete all emails you are suspicious of immediately. Clear your junk mail regularly as well as your email deletion folder.
Investment Opportunities:
  • Only invest with a financial institution you have previously successfully used, government authorised, or recommended by someone you trust who has successfully invested.
  • Such opportunities always promise excellent returns which are most likely not achievable. Common sense should be used in any decision making as to whether to invest.
Fake Charities:
  • Only use a charity or NGO that is properly registered and has been operating for a considerable amount of time.
Fake Funding:
  • Never click on any link or open any attachment within an email from an unknown or unconfirmed contact. The same applies to any messages via social media.
  • All such projects around vaccine development are Government led and do not involve mailshots asking for donations.