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Topic: Financial Crime Unit
Police are issuing a warning to the public and to retailers after several liquor stores on island were targeted in an attempted credit card fraud scheme.
KPMG in the Cayman Islands and the Financial Crime Investigation Unit of the Royal Cayman Islands Police Service held a two-day forum on the current financial crime landscape in the Cayman Islands on 21 and 22 May.
The Royal Cayman Islands Police Service’s Financial Crime Unit is advising the public to take steps to secure their email logins after the unit investigated a recent report of a victim losing money because of a website data breach that happened several years ago.
The case of Champion House, charged with failing to make pension contributions for employees, was adjourned again on Monday after counsel updated the court on progress, or lack thereof.
The RCIPS Financial Crime Unit issued a warning Monday advising the public of an online scam conducted using Facebook Messenger, and possibly other social media, where victims have received messages and phone calls through Facebook Messenger.
A lottery scam is currently being circulated through email and potentially other forms of social media, the RCIPS Financial Crime Unit advised.
Scam artists are posting fake apartment rental deals on internet marketplace Ecay Trade to con people into sending them funds.
The Financial Crime Unit of the Royal Cayman Islands Police Service issued a public advisory Monday regarding employment scams targeting people seeking work in the nursing and hospitality industries.
The Royal Cayman Islands Police Service are investigating a complaint from a resident who was defrauded through a scam promising immediate profits.
The Financial Crime Unit of the Royal Cayman Islands Police Service is warning the public about fraudulent solicitations from fake Facebook profiles of public figures, including Tara Rivers.
The police’s Financial Crime Unit is warning the public to be on the lookout for counterfeit CI$25 and CI$100 bills.
In the aftermath of Hurricane Irma, numerous charities have been created to help the islands that have been hit hardest. However, many of those organizations have sprung up overnight, with no apparent track record of performing charitable deeds.
A local resident was questioned and assisted the Royal Cayman Islands Police Financial Crime Unit in connection with a U.K. investigation into what London detectives alleged was a 50 million pound Ponzi scheme, police have confirmed. The probe, according to a 2016 statement by City of London Police, began in 2014 and involved victims who invested sums of between “a few thousand pounds to several million” with a company called CWM.
Cayman Islands IT departments worked overtime during the holiday weekend as businesses scrambled to protect their data against a global ransomware attack that affected an estimated 200,000 victims in more than 150 countries.
The Financial Crime Unit of the RCIPS is warning the public about two employment scams targeting off-island job seekers. The advertisements, circulated via email, claim to be recruiting staff for two hotels on Grand Cayman, the Westin and another unnamed “luxury” hotel.
The RCIPS Financial Crime Unit is warning the public about two reports of scams that have come to its attention. The first scam is being done via Instagram by a person purportedly named Georgia McLaughlin and using the profile name Georgia_cash_investment.
The Royal Cayman Islands Police Service is warning businesses to exercise caution over the busy holiday season while handling larger than usual amounts of cash.
Social media solicitations offering jobs at a nonexistent Cayman Islands hotel have “tricked” hundreds of Jamaicans and at least one Cayman Islands resident out of their money. Officers with the Financial Crime Unit are investigating people who have placed job ads on social media sites, offering employment at a hotel property that does not exist.
A man who pleaded guilty to thefts and attempted thefts from the ATMs of two local banks was sentenced on Monday to 20 months’ imprisonment.
The police Financial Crime Unit is warning people to watch out for “phishing emails” meant to trick unwitting email users into clicking on a link or downloading an attachment that can infect their computer with a virus or software to steal personal data. The fake bank email reads: “This is simply an additional verification measure to help prevent unauthorized access to your account and to eliminate the risk of fraud and totally protect you.”
The police’s Financial Crime Unit issued a warning Thursday over a fake Facebook page that purports to belong to Premier Alden McLaughlin. People who visit the page and are “friended” are then solicited in Facebook messages to make donations and give their bank account details, police said.
Police arrested a 35-year-old Bulgarian man Tuesday in connection with the suspected fraudulent use of “cloned” gift cards in ATM machines over the weekend. Detectives from the Financial Crime Unit arrested the man on suspicion of money laundering.
Counterfeit $50 and $100 bills were collected in the Cayman Islands during mid-July, the Cayman Islands Monetary Authority reported Thursday.
A 37-year-old George Town man was arrested Friday in connection with what the Royal Cayman Islands Police said were suspected money laundering activities.
The Royal Cayman Islands Police Service is investigating the criminal complaint of a theft from a locally managed investment fund.
Two men charged with conspiracy to defraud in relation to cloned credit cards will appear in Grand Court on March 11.
A scammer recently gained access to a local bank account, according to the police’s Financial Crime Unit, and stole money from a woman in the United Kingdom using an email scam.
Two Canadian nationals were remanded in custody after appearing in Summary Court on Monday for the charge of conspiracy to defraud.