The mission of the Committee for the Prevention of Fraud in Transport (CPFT) is to combat fraud and scam and promote fair market practices in the transport sector. We uncover and investigate various criminals, scammers and fraudsters operating in the sector of the rental of passenger vehicles with driver in Europe.
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Recognizing and preventing social engineering fraud in corporate travel
It seems that we can’t go a single day without reading stories of hacking and fraud in the news. Retail stores, financial institutions, hotels and many other businesses seem to be subject to new hacks and intrusions all the time. While many hacks are the result of exploited vulnerabilities in electronic systems, any competent hacker will tell you that the most successful hacks often involve a social component - using human nature to find out information about a person or business and then exploiting that knowledge to commit fraud. This is commonly referred to as social engineering.
by Mark Dauner
8rental.com fake scholarships scam at the US UniversitiesRead how scammers from 8rental.com, a website set up and managed by crooks in Moldova, defrauded unsuspecting students in US colleges and universities. The scammers from a former Soviet republic exploited a lack of supervision in the system of financial aid and simply posted fake scholarships in a number of colleges and universities in the US. The crooks promised to pay a scholarship in exchange for content written for their website 8rental.com engaged in fraud and scam schemes.In order to fool the students the scammers proclaimed themselves to be "a European giant of transportation" and made reference to a number of preliminary created fake resources on Crunchbase.com, in Facebook, on Zoominfo.com and some others where they posted fake information about being a UK company in operation since 2000 and employing hundreds of employees. In actual fact, behind this website registered in 2016 there are just 2 crooks from Mo…
Transportation & logistics (T&L) companies are facing systemic types of economic fraud such as procurement fraud and bribery and corruption. The sector also has a high percentage of frauds committed by insiders. These crimes pose a serious challenge for a T&L company, since they can cause substantial financial losses and hurt a company’s reputation.
According to our 2014 Global Economic Crime Survey, the overall incidence of economic crime in the T&L sector is 34%, up two percentage points from 2011. Asset misappropriation is still the most common type of economic crime in this sector, followed by procurement fraud, accounting fraud, and bribery and corruption.
More ...By Robert McCutcheon, PWC Partner, Industrial Products Sector Leader
Real identities of scammers behind 8rental.com Update on our investigation about 8rental.com scam.
The real persons behind 8rental.com scam are two Moldovans operating from Chisinau in the Republic of Moldova (formerly a Soviet republic): Denis Jmakov (aka Denis Zhmakov) and Stefan Melestean.
CPFT investigation findings on the 8rental.com scam
We present our investigation findings on the scam website operating in the transport sector under the name 8rental.com set up and managed by cybercriminals from Moldova.
To deceive potential clients and carriers the scammers from 8rental.com advertise themselves on the Internet as a "giant of the European transport industry". They claim to be in operation for over 10 years and have hundreds of employees. In reality it is just a website registered under fake identities in 2016, no legal information, no fleet or any other assets. We were reported that this gang steals payment card details and identities of their victims and uses other te…