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3 COVID-19 fraud schemes to watch out for

first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » As businesses and consumers continue to quickly adapt to the arrival of COVID-19 unfortunately, so are fraudsters. The Department of Justice (DOJ), World Health Organization (WHO), and FBI have all issued warnings about the rise in COVID-19-related fraud schemes that are exploiting unsuspecting victims across the country. And as more payments shift to digital and mobile channels in the wake of state-level shutdowns, the potential for not only fraud but also transaction disputes will place an increased burden on your credit union and members.“As more members fall victim to targeted fraud schemes, we may see a rise in the number of card disputes and fraud claims, potentially amplifying fraud losses for credit unions,” said Ashley Town, CO-OP Director of Fraud Services. The good news is, so far in March, CO-OP has seen a decrease in the number of traditional fraud cases happening within the CO-OP ecosystem and we hope that trend continues.To help credit unions and their members stay extra vigilant during this period of time, CO-OP’s resident fraud experts Ashley Town and Paul Love (Chief Information Security & Privacy Officer) shared three common COVID-19 fraud schemes to watch out for at our recent FraudBuzz webinar (click here to watch a recording):last_img read more

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The Latest: German soccer could resume on May 9

first_img Associated Press The Latest: German soccer could resume on May 9 The Tour de France cycling race has been rescheduled to start Aug. 29 and end Sept. 20. The final day coincides with the same day the rescheduled French Open tennis tournament is to begin.Maracineanu was speaking in an interview with Eurosport television on Wednesday night. She says leagues could potentially start in September or have their remaining games canceled altogether. There are 10 league games left to play in France’s top two soccer leagues. Rugby’s Top 14 league has reached the semifinal stage.Public gatherings are banned in France until at least mid-July but Maracineanu says they could be extended until “at least September.”Maracineanu is a former Olympic swimmer. She says “it wouldn’t be the end of the world” if the Tour de France has to be canceled.___ UEFA has postponed next year’s women’s European Championship soccer tournament to July 2022.The UEFA executive committee decided the new dates for the 16-nation tournament in England will be July 6-31.The switch was made after UEFA and the IOC decided last month on one-year postponements for Euro 2020 and the Tokyo Olympics. Britain, the Netherlands and Sweden will play in the women’s soccer tournament at the Olympics.Wembley Stadium in London will stage both the men’s and women’s European finals.UEFA says the rescheduled women’s tournament will retain the same 10 stadiums. It opens with England playing at Old Trafford in Manchester. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___German soccer could resume on May 9 if regional politicians sign off on the league’s plan. Players selected for the Euro 2020 tournament will earn at least 130 million euros ($140 million) more for their clubs from UEFA.___West Ham manager David Moyes has been delivering fruit and vegetables to elderly residents in his village during soccer’s lockdown amid the coronavirus outbreak.The former Manchester United coach says he saw a sign in the window of a local shop asking for volunteers to be delivery drivers.Moyes answered the call and says “all I was doing was dropping (the packages) at the door, knocking and then going away. It was beautiful big boxes of fruit and veg.” More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 ___Three more Diamond League meetings will not go ahead as scheduled because of the coronavirus pandemic.The Prefontaine Classic in Eugene, Oregon, on June 7 and the meet in Paris on June 13 have both postponed with no new dates set. The Bislett Games in Oslo on June 11 will be rebranded as the Impossible Games and turned into an exhibition event.The first nine scheduled events of the 15-meet season have all now either been postponed, rescheduled or downgraded. The Anniversary Games in London on July 4 are now the earliest scheduled competition of the season.There is a larger window to reschedule meets in the second half of the year because the Tokyo Olympics have been postponed to 2021. The state governors of Bavaria and North Rhine-Westphalia have said May 9 would be acceptable but other state officials have signaled they would prefer the middle or end of May.League CEO Christian Seifert says “if the state governors and the federal government decide that this day is May 9, then we would be ready on May 9.”Seifert says games could be held with a limit of 213 people in the stadium and up to 109 in the surrounding area.___UEFA is sharing almost 70 million euros ($75.5 million) among 676 clubs that released players for European Championship qualifiers and Nations League games in the past two years. It’s still not clear when baseball or soccer will resume in Japan but it will likely be without fans when it does.That was the decision when the heads of Japanese professional baseball and soccer met in online meetings.Japanese baseball commissioner Atsushi Saito says “my feelings that I want to start the season without spectators haven’t changed.”Baseball and soccer officials both agreed nothing could begin until a state of emergency was lifted in Japan. The earliest that can happen is May 6. They are expected to wait until that date before moving forward.The J-League’s top two soccer divisions were suspended in February. Japanese baseball played some preseason games without fans before all play was stopped. UEFA says it’s releasing the money early to help “in light of the current crisis and the financial difficulties many clubs are facing” during the coronavirus pandemic.A long-standing agreement between UEFA and the European Club Association guarantees clubs at least 200 million euros (216 million) from Euro 2020 revenues to compensate for releasing players to national duty in the 2018-20 cycle.Payments were due after Euro 2020 but are now sending much-needed cash to clubs after the coronavirus outbreak forced the tournament to be postponed by one year.The highest-earning club will get 630,000 euros ($680,000) calculated pro rata per player named on a national team’s match sheet. That club was not identified.UEFA says 2.7 million euros ($2.9 million) of the money will go to clubs after the 16-nation Euro 2020 playoffs later this year. April 23, 2020 Organizers said the meet in Oslo would still offer prize money from a $50,000 contribution by World Athletics. It will feature 400-meter hurdles world champion Karsten Warholm attempting a world record in the rarely raced 300 hurdles.___French Sports Minister Roxana Maracineanu says the resumption of sporting events in the country is not among the government’s priorities.France is locked down until May 11 because of the coronavirus pandemic and speculation has increased recently as to whether the country’s soccer league could resume in late June.Maracineanu says “what’s certain is that sports won’t take priority in our society.” ___A decree issued by the Hungarian government allows most professional sports clubs and soccer teams to cut the salaries of players and other personnel like managers and trainers by up to 70%.The decree signed by Prime Minister Viktor Orban says the wage cuts can be implemented for as long as the state of emergency declared because of the coronavirus pandemic remains in effect.Hungarian lawmakers approved a state of emergency on March 30 without an end-date. That gave the government the right to rule by decree on issues related to the pandemic for as long as it considers it necessary.___ He also had to ask some residents for payment if they hadn’t done so online.Moyes says one incident “with this particular older lady, I think it was 16.80 pounds ($20.70) for one box of fruit and veg. She gave me a 20-pound note and said, ‘Here son, just keep the change.’”The Premier League has been suspended since March 13. That was the day after Arsenal manager Mikel Arteta tested positive for the virus.Moyes had to self-isolate after that because he had come into close contact with Arteta days earlier.___last_img read more

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NEW Drivers Union Discloses Plan to Control Traffic

first_imgA newly emerged drivers union, the National Drivers Union of Liberia (NADUL), is contemplating a regulatory system to restrict and carefully monitor the movements of commercial vehicles for accountability purposes.The organization’s president, Charles S. Garyu, in an interview with the Daily Observer earlier this week noted that driving is randomly done in the country without regulations and accountability, and as such drivers need to come together under this umbrella to develop a system that will protect them and passengers they carry in their vehicles.He expressed disappointment that there are transport unions in Liberia that collect fees from drivers for their so-called services, but the very drivers from who the money is collected remain vulnerable.Moreover, the NADUL president said since these unions came in existence with the Federation of Road Transport Union of Liberia (FRTUL) being the oldest, vehicles continue to be parked in a disorganized way in front of stores and street places without a terminal being built.Mr. Garyu also attributed the vulnerability of drivers to the fact that they have not had an organized body to uphold them, noting that such is responsible for extortion of money from them by transport union operators.He further indicated that with the collaboration of the Ministry of Transport and the Liberian National Police (LNP), NADUL will begin giving stickers to commercials driver to direct them where to run daily.According to him, a sticker will bear the location of where the driver would head at a time in the day.  This will help even the passenger to be notified of where the vehicle is going. Furthermore, the NADUL president told the Daily Observer that with the cooperation of commercial drivers, there will be control of passengers and drivers will not be rushing for passengers since a driver knows where he/she will be plying.With the sticker system, Garyu explained, criminals at Red-Light and other places claiming to be car loaders will have no grounds to extort  money from passengers and drivers, and at the same time steal from them under the guise of loading.In this effort, the Ministry of Transport and LNP have reached a consensus with the organization to put the sticker regulation in place to help control the traffic.“As we introduce this system, vehicle that will have a sticker for Red-Light and heads to another direction not in line with instruction given the driver will be stopped, seized and turned over to the LNP for investigation, and the required penalty will levied against that driver,” Garyu said.According to the NADUL president, transport unions have a social responsibility to the drivers to train them (drivers), but over the time the unions have failed to meet their obligations.As the new drivers union comes into force, he said, it is going to work in line with the LNP to train commerce drivers and advocate on their behalf as most decisions in the country affect them.The transport sector of Liberia is one disorganized sector where  restriction is rarely seen, he observed.Vehicles randomly park and receive passengers sometimes in accordance with the passenger’s discretion or the driver’s.However, different men are regularly seen in the streets collecting parking fees from drivers under the umbrella of the Federation of Road Transport Union.Mr. Garyu further disclosed plans to trained vehicle owners and drivers.  The training is intended to buttress the effort of government, thereby improving the transportation sector of the country, particularly drivers and vehicle owners.Quoting the vehicle and traffic law of Liberia, Mr. Garyu said before any drivers obtained a license from government, that person should be tested and evaluated by the Ministry of Transport before being issued a driver’s license. He noted that the portion of that traffic law is no longer effective and as such, the training is designed to help vehicle owners to protect their vehicles.“We will train them on Standard control and prevention of accident, mechanical default and maintenance of vehicle.”“We conducted our research on Liberia and discovered that what we found out was frightening. We have about five groups  of transport unions in Liberia that have been existing for many years and we have not been able to detect any positive impact in the lives of drivers,” he declared.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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