100,000 a month could lose their jobs
Over recent weeks there has been rising concern over unemployment levels in the UK, with the recession and the current financial climate already have seen many jobs lost or threatened. Read more
Tags: April, hundreds of thousands, unemployment, official, variety, 100, colleagues
Beware bogus bank
January 11, 2007 by admin
Filed under News, News-Banking
Consumers are being warned to avoid the Northern Offshore Trust Bank.
The ‘bank’, which claims to be based in Guernsey, has been highlighted as featuring as part of an international scam, reports the BBC.
The Guernsey Financial Services Commission has warned that the bank is bogus and consumers are warned to avoid any contact with it.
It became apparent that something was wrong when it was realised that the names of directors of Norwegian telecoms firm Telenor were being illegally used to front the bank.
Jon Fredrik Baksaas, chief executive of Telenor, and his colleagues were listed as being employed within the fake bank, but they knew nothing of it.
The scam worked by persuading customers to invest £5 million via the bank.
