Day: March 4, 2020

8 Scam calls every second in the UK – The truth behind foreign call centre scams

Overseas call centre scams have been a massive problem in the UK for a number of years, and it’s still ongoing, with an average of 21 million scam calls per month in the UK – that’s 8 per second.

BBC’s ‘Panorama – Spying on the Scammers’ last night showed a huge amount of insight into one call centre in India which focuses solely on scamming victims in the UK, Australia and the USA.

The scams they’re committing are sometimes known as ‘impersonation fraud’ (where a scammer pretends to be someone they’re not) and it is one of the UK’s most common scams. Between April 2018 and April 2019, 23,500 complaints of this type of fraud were made to the City of London Police’s National Fraud Intelligence Bureau.

Financial losses to impersonation fraud are in excess of £9m per year, but it is believed by the Bureau that up to 60%

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Facebook Accelerator London celebrates latest graduates

Facebook is today celebrating 11 businesses that have graduated from the third chapter of its successful Facebook Accelerator London programme.

The programme has supported 25 emerging start-ups in total and, in this latest iteration, has been open to start-ups from across Europe, the Middle East, and Africa for the first time.

The Facebook Accelerator London, is open to high-growth start-ups who are creating impact at scale using artificial intelligence (AI), virtual and augmented reality (AR/VR), or other Facebook products and technologies. The initiative encourages start-ups that are harnessing the power of technology to have a positive impact on the world, including companies who are improving digital connectivity around the globe.

Milestones achieved by the graduating class during their time in Facebook Accelerator London, include:

  • Collective Benefits, a UK start-up bringing benefits to gig economy workers, has received £3.3m in seed funding led by Stride.VC, a backer of Zoopla
  • Lesan
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IGO in $15m farm-in deal

Encounter Resources announced today that mid-tier miner IGO plans to build on their existing partnership by entering a farm-in and joint venture deal in the Paterson Province in the Pilbara.… Read More

Seattle Times wins Scripps Howard award for business/financial reporting

The Seattle Times has won the William Brewster Styles award for business and financial reporting in the Scripps Howard Awards.

The Times won for its coverage of the Boeing 737 MAX crisis led by reporter Dominic Gates.

Judges applauded the series, saying it “deftly explores the issue of who is to blame and why those who could have stopped this from happening did not act.”

Other finalists in the category were ProPublica for “The TurboTax Trap” and the Milwaukee Journal Sentinel for “Turned Away.”

The Scripps Howard Awards are one of the nation’s most prestigious American journalism competitions, offering $170,000 in prize money in 16 categories.

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