CEO fraud involves the impersonation of a senior figure (usually the Chief Executive Officer) with subsequent requests for transfers of funds. Action Fraud, the UK’s national fraud reporting centre, have reported an increase in this type of fraud.The most recent reports have involved targeting of schools where fraudsters have falsely claimed to be the head teacher or principal.We issued an alert in January 2016 warning of the similar threat posed by mandate fraud.What to look out forRequests to your finance department or staff with authority to transfer funds, usually from a spoofed or similar email address to that of the subject being impersonated.There are some reported instances where fraudsters have called up to make themselves appear legitimate. In addition, a second fraudster may be introduced who poses as a lawyer or regulator. The caller may claim to be based in another country.With a strong social engineering element, the fraudster often requests that they, as the CEO, are not contacted further by the financial officer as they are busy.Alternatively the fraudster may pick occasions when the real CEO is on holiday, preventing the financial officer from checking the validity of the request.Protection and prevention advice review internal procedures regarding how transactions are requested and approved, especially those in relation to verifying validity email addresses can be spoofed to appear as though an email is from someone you know. Check email addresses and telephone numbers when transactions are requested. If in doubt request clarification from an alternatively sourced email address/phone number if an email is unexpected or unusual, then don’t click on the links or open the attachments don’t be afraid to question details when being tasked to transfer money at short notice sensitive information you post publicly, or dispose of incorrectly, can be used by fraudsters to perpetrate fraud against you. The more information they have about you, the more convincingly they can purport to be one of your legitimate suppliers or employees. Always shred confidential documents before throwing them away Reporting fraudIf your charity has fallen victim to CEO, or any other type of fraud, you should report it to Action Fraud by calling 0300 123 2040, or visiting the Action Fraud website.Charities affected by fraud should also report it to us as a serious incident.Serious incident reporting helps us to assess the volume and impact of incidents within charities, and to understand the risks facing the sector as a whole. Where appropriate, the Charity Commission can also provide timely advice and guidance.NotesThe Charity Commission, the independent regulator of charities in England and Wales, is issuing this alert to charities as regulatory advice under section 15(2) of the Charities Act 2011.
Jason Ader – No Boogeyman… Activism will play a vital part in reshaping gambling August 20, 2020 The Group’s poker offer will be led by partypoker.se, a localised adaptation of its premier poker brand. Swedish players will be able to take advantage of partypoker’s tournament schedule including The Power Series, Daily Majors and Super Sunday, as well as its Sit & Go Jackpots, where three hands can net a prize of over $1m. Commenting on the launch, Shay Segev, GVC’s Chief Operating Officer emphasised: “We are delighted to get the year off to a positive start with the launch of bwin.se and partypoker.se. We are confident that Swedish customers will enjoy what we believe is the best and most comprehensive online gaming experience in the market. “Launching two new labels in such a short space of time after receiving our licence, demonstrates the flexibility of our unique proprietary technology platform.” GVC absorbs retail shocks as business recalibrates for critical H2 trading August 13, 2020 Related Articles Share StumbleUpon Belgian Pro League selects bwin as its new betting partner August 4, 2020 Share Submit GVC Holdings has confirmed that following receipt of a Swedish gaming licence, it has launched bwin and partypoker in the country.Both brands now offer dedicated websites under the .se extension, with an Android mobile app is also available, with an iOS version expected to follow over the coming days.bwin.se will utilise the feature-set and content from the group’s flagship European sports betting brand, offering both pre-match and in-play betting on a wide portfolio of sporting events. Swedish customers will also be able to access GVC’s casino offer, which boasts content from 33 third-party games developers as well as unique titles created by the group’s in-house studio. In total over 650 slots, jackpots and live table games are on offer from day one, including many exclusives titles unavailable anywhere else.
DES MOINES — Gasoline prices in Iowa are averaging almost a dollar lower than last year, but it won’t be enough to lure most of us to take a road trip for Memorial Day weekend.Due to the coronavirus pandemic, Rose White, at AAA-Iowa, says the motor club isn’t releasing a holiday weekend travel forecast for the first time in 20 years. “Last year, 43-million Americans traveled for the holiday weekend, it was the second-highest travel volume on record since we began tracking information,” White says, “but with social distancing guidelines still in practice, this holiday weekend’s travel volume is likely to set a record low.”Travel Iowa ran a full-page ad in some newspapers last week featuring a couple on a deck overlooking a wide vista of green hills with just four words — “Dream Now, Visit Later.” White says many Iowa families will be doing exactly that. “We anticipate that people are going to hold back. For those who maybe had planned a long-distance, maybe an overseas vacation, they’ll likely revert to a local or regional destination,” White says. “We do anticipate as the states relax their laws and regulations pertaining to social distancing, more people will travel, but it will be a slow recovery.”In recent weeks, highway travel in the state was said to be down 44% from normal, according to the Iowa DOT, but over Mother’s Day weekend, the numbers crept up to 75% of normal. Even with that increase, Triple-A is still expecting a potential record low for travel this coming weekend.“The CDC does still recommend that Americans stay home and avoid nonessential travel, but if you do travel this holiday weekend, we do advise you to pack essentials, especially those toiletries that might be needed at rest stops,” White says, “and also, anticipate early closures of restaurants.”Gasoline is averaging a $1.75 a gallon in Iowa, that’s 13-cents below the national average. A year ago, gas prices in Iowa were averaging $2.67 a gallon. The last time the average national gas price leading into the Memorial Day holiday was under $2 a gallon was 17 years ago — in 2003
JOCKEY QUOTESTIAGO PEREIRA, THE HUNTED, WINNER: “I worked him the other day and he worked really good. I’ve never ridden him in a race, but I looked at his last two races and it looked like he was running against good horses. Today, the pace seemed good for him and he was comfortable. When I pushed him out at the quarter pole, he took off.”TRAINER QUOTESRICHARD BALTAS, THE HUNTED, WINNER: “The horse has been training good. He was a little unlucky; he was too far back last time. This is stakes company, against Cal-breds…it was a good race and a great ride (by Tiago Pereira). I’m very happy for all the connections. He was nice and relaxed down the backside. I think the rider did a really good job on him.”OWNER QUOTESGARY FENTON, LITTLE RED FEATHER RACING, PART OWNER OF THE HUNTED: “This couldn’t have set up any better if we had drawn it up. It set up perfect and Tiago rode a perfect race. He followed instructions and it worked out.”BILLY KOCH, THE HUNTED, WINNER: “It was perfect. Tiago did such a great job, Richie Baltas and his staff did such a nice job with this horse. He was really troubled in the beginning of his career and they brought him along and were really patient and it is a credit to our owners at Little Red Feather, Richard and Vanessa. People like this allow us to be patient and do the right thing.”PARTNERS OF LITTLE RED FEATHER RACING, THE HUNTED, WINNER: “It’s a dream winning a stakes race at Santa Anita, it’s an absolute dream. What Billy said, where this horse has come from in exactly one year ago today, all credit goes to Richie and his team; he’s a dream maker.”MADELINE AUERBACH, PART OWNER, THE HUNTED: “Unusual Heat (the late sire of The Hunted) is the gift that keeps on giving.”NOTES: The winning owners are Madeline Auerbach LLC, Ciaglia Racing LLC & Little Red Feather Racing.