Posted by admin on August 16th, 2008
Moodys suggested that GCC governments are taking a more active role in Islamic finance (via Reuters). This matches with a trend that has been developing for some time and which I noted in my report on GCC sovereign funds from some months back. On a side note, we recently released some new estimates of assets [...]
Posted by admin on August 14th, 2008
It’s a worrying sight - the alleged mastermind of the multi-million pound Olympic ticket scam arriving at work at another ticket company.
Tubby tout Terence Shepherd was still flogging tickets to the games in Beijing as recently as Friday.
That’s after the International Olympics Committee applied for a restraining order against beijingticketing.com, a website linked to him.
Thousands [...]
Posted by admin on August 14th, 2008
The cash-rich Premier League is about to kick off again - and you won’t find a tighter bunch of bosses in the country.
The pay gap between pampered princes on the field and the lowest paid workers off it is nothing short of obscene.
Stars like Manchester United’s Cristiano Ronaldo earn £120,000 a week and still bleat [...]
Posted by admin on August 14th, 2008
Here’s more evidence to support what many already suspect - that internet crime is exploding yet precious little is being done about it.
Researchers in America have found that the vast majority of US state attorneys have “brought few significant cases” against online fraudsters in the past two years.
Figures from just 20 US states - less [...]
Posted by admin on August 14th, 2008
A contender for pushiest salesman of the year had to be prized out of a could-be customer’s home by police last week.
He’d subjected the parents of two young children, from Worcester Park, south London, to mind-numbing two hours of double glazing hard sell, claiming to work for Weatherseal.
Having quoted them £31,000 for new windows, he [...]
Posted by admin on August 14th, 2008
One UK bank has broken ranks and decided to abandon phishing victims to fraudsters.
These scammers use spam emails to trick online banking customers into revealing their personal details. Usually banks shoulder the losses.
The latest figures show that phishing attempts are up almost three-fold from last year but actual fraud is down by a third.
So it [...]
Posted by admin on August 14th, 2008
One UK bank has broken ranks and decided to abandon phishing victims to fraudsters.
These scammers use spam emails to trick online banking customers into revealing their personal details. Usually banks shoulder the losses.
The latest figures show that phishing attempts are up almost three-fold from last year but actual fraud is down by a third.
So it [...]
Posted by admin on August 14th, 2008
One UK bank has broken ranks and decided to abandon phishing victims to fraudsters.
These scammers use spam emails to trick online banking customers into revealing their personal details. Usually banks shoulder the losses.
The latest figures show that phishing attempts are up almost three-fold from last year but actual fraud is down by a third.
So it [...]
Posted by admin on August 14th, 2008
That fraught weekend in March, when the collapse of Bear Stearns threatened to engulf the rest of the financial system, it was the Federal Reserve, under its activist chairman, Ben Bernanke, which stepped in with the billions of dollars in credit needed to keep the investment bank on life support. Investment Management And it [...]
Posted by admin on August 11th, 2008
Here’s a mystery. What’s the connection between two apparently unrelated companies running the same morally bankrupt scam – on hospitals?
First up is Fast Track Media, and its director 44-year-old Sukhdev Ubhi, of Leamington Spa, Warwickshire.
Its staff trawled through job adverts placed by hospitals in respected magazines such as the British Medical Journal, the High Court [...]