The RCIPS Financial Crime Unit is warning businesses to be on the lookout for a new fraud scam that could see companies lose out on a lot of money.
The scam involves communication from a source abroad that requests the services of businesses such as booking rooms in a hotel for a large group. The fraudster then pays for the services with false credit card details. Before this has been realised they ask the vendor to assist with transferring cash to other agents overseas. It is then realised that the initial payment method is bogus and the vendor has lost out.
Anyone who is approached in this manner is asked to contact the Financial Crimes Unit on 949-8797.
Police are appealing for witnesses following a burglary which took place at a property in Sandpiper Drive, Stake Bay, Cayman Brac, sometime between the end of July and 23 August.
The offender/s stole a 19-inch Panasonic television with built in VCR, a computer hard drive and several bottles of spirits.
Anyone who may have witnessed suspicious activity in the Sandpiper Drive area or anyone with information about the burglary is urged to call PC Carla Gratrick on 948-0331or Crime Stoppers on 800-8477 (TIPS).
Money laundering offences
A 31-year-old Venezuelan man currently on remand in relation to theft offences following an ATM fraud investigation has been charged with further offences in relation to money laundering.
The Financial Crimes Unit has charged Luis Eduardo Moreno Castillo with one count of money laundering and five counts of attempting to launder money.
Castillo remains in custody and is due to appear before the court again on August 30.