SBC News

Lloyds Bank has warned of the significant levels of fraudulent activity flowing through Meta platforms.

The reported infiltration of fraudulent activity taking place on Meta will raise alarms for iGaming stakeholders, with the social media network continuing to be cited as a key driver of traffic to the unlicensed gambling market.

However, data from the UK banking giant underpinned the scale of the task facing Meta, as it thwarts the illicit content proliferating its network.

Lloyds’ Head of Fraud outlined that two-thirds of fraud reports were targeted towards Meta customers. The fraud expanded into various sectors, from ticketing to clothes sales.

It also tapped into key events on the calendar when social engagement is highest, which will draw concern ahead of the World Cup this summer.

An aggressive external approach is being taken to the fraudulent activity, with Richardson Hartley Law and Humphries Kerstetter confirming they are forming a group legal claim for scam victim..

Duncan Garvie, Founder of gambling harm tool BetBlocker, has welcomed Monica Shafaq as the new Director of Strategy and Partnerships.

Shafaq carries a comprehensive career experience when it comes to problem gambling, having previously held the Chief Executive Officer position at Gordon Moody, a prominent UK charity specialising in gambling harm treatment.

She’s also a mental health expert, having carried the Chief Executive Officer title for 13 years at mental health and wellbeing organisation the Kaleidoscope Plus Group. Besides that, she’s quite versed in the UK sports scene, particularly football, evidenced in her past work with numerous football charities.

At BetBlocker, which was set up by Garvie with the purpose of aiding bettors who have a problematic gambling behaviour, Shafaq will certainly be a valuable asset in rebuilding their lives back up.

Garvie added: “I’ve had the privilege of getting to know Monica over the last few years, and have found her to be a principled an..

Gordon Moody has revamped its leadership team amid a significant change for the UK gambling harm treatment sector, with the new systems in Wales condemned as “unable to meet the needs” of those using it.

One of the UK’s leading specialist gambling harm treatment support organisations , Gordon Moody received £4.5m funding from the Office of Health Improvement and Disparity (OHID) under the new statutory levy framework, implemented as a key measure of the Gambling Act review.

The statutory levy sees licensed UK gambling companies make mandatory yearly payments to support research, education and treatment (RET) services. Prior to this, funding was paid voluntarily to GambleAware, which distributed it to organisations like Gordon Moody.

With GambleAware’s doors now closed (as of March) and the new framework being adopted across Great Britain, Gordon Moody has appointed a new board of trustees as it heads into the new era of gambling harm treatment.

Claire Arnold, who has been a member..