Peter Foster Tuesday 6 November 2018 5:12 pm Singles’ Day is set to boom and European brands need to prepare When thinking about the significant e-commerce dates of the year, we would normally consider the obvious contenders like Black Friday and Cyber Monday, but a new event is beginning to make headlines and grow in popularity in the west: Singles’ Day.This event, held on 11 November and originating in China in the 1990s, is starting to grab headlines as a significant shopping day in the calendar for those singletons who want a special day to treat themselves. Tags: Alibaba whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekScientific MirrorLily From The AT&T Ads Is Causing A Stir For One ReasonScientific MirrorZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldNews SharperChrissy Metz Is So Skinny Now And Looks Like A Model (Photos)News Sharperinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableyGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It Love whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Share US and European businesses would be forgiven for not yet realizing the cultural impact of this date, as it has taken quite some time to spread outside of China. Last year, consumers spent over $25bn on Singles’ Day, making the date four times bigger than Black Friday and Cyber Monday put together. One market in particular that has adopted this event much faster than others in the west is Spain, where the number of transactions was almost five times higher than the average rate.Singles Day originated in 1993 between male students at Nanjing University. E-commerce giant Alibaba started to champion the day in 2009, and it has ultimately cemented itself as an unofficial national holiday in China – and increasingly around the world – celebrating single people, and encouraging self-gifting ahead of Christmas.The market of single consumers is extremely lucrative, with the Office of National Statistics earlier this year finding that on average single people spend £21 a week more than individuals living as a couple. It’s not surprising that brands are getting excited about the possibility of a day that gives singles the opportunity to treat themselves. Singles often have more disposable income than their married counterparts. Their cash is often not just spent on products, as singles are more likely to spend on experiences such as holidays.According to e-commerce delivery specialist Parcelhero, it is predicted that Singles’ Day will double in value, indicating that it is having a growing influence in the UK that may eventually compete with Black Friday and Cyber Monday. To engage with this audience, brands need to look to communicate with singles when they are most likely to engage with the content put in front of them, for example, on dating apps. In this situation, singles are not only looking for their next date, but are also looking to find new experiences and new recommendations like restaurants, tour guides, and shopping offers.Although Singles’ Day may remain unknown to most western consumers, there are signs that it will boom in European markets over the next few years. Brands who can jump on this event from the beginning will be the ones to succeed, and will allow them to leverage the lucrative market of single consumers.
Crime & Courts | Family | Juneau | Mental Health | Sexual Abuse & Domestic Violence | Southeast | State GovernmentSecurity questioned after grandma’s alleged assault during courthouse hearingSeptember 11, 2018 by Andrew Kitchenman, KTOO and Alaska Public Media Share:The Dimond Courthouse in Juneau in February 2017. An Aug. 6 assault in a courtroom has raised concerns about security. (Photo by Jeremy Hsieh/KTOO)A 26-year-old Juneau man spent roughly six months in jail for allegedly assaulting his grandmother. Then the man, who’s diagnosed with paranoid schizophrenia, is alleged to have done it again — this time in a Juneau courtroom. And it took 11 minutes for a law enforcement officer to arrive.Audio Playerhttp://media.aprn.org/2018/ann-20180911-09.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.The incident is raising questions about courthouse security.On Aug. 6, Konnie Chitty was testifying in a closed guardianship hearing for her grandson Tyler Leatham on the third floor of the Dimond Courthouse. The hearing would help determine if the state would become the guardian for Leatham.Chitty told a recent forum held by supporters of candidate for governor Mike Dunleavy what happened. She said she was testifying about the earlier assault.“While I was standing just like this, speaking directly to the judge, my eyes not wavering, my grandson jumped from right here, beside his attorney, and knocked me out in one punch,” Chitty said.While Leatham stopped the assault after his mother and others in the courtroom urged him to stop, it took time for help to arrive.“There was only two of us in this, beside his attorney, the judge (and) his secretary, both pushing a panic button inside a locked room and no one came,” she said.The courthouse had two judicial services officers, who would have been responsible for responding, but both were guarding prisoners at the time. A Juneau police officer outside of the courthouse responded and arrived 11 minutes after the alarm.For Chitty, the incident raises two concerns. One is about courthouse security. The other is about whether the state provides enough mental health treatment to those like Leatham who need it.Chitty said the statewide need for in-patient mental health treatment far exceeds the capacity of the Alaska Psychiatric Institute.“He does not particularly need prison, but a mental health institution,” Chitty said.Chitty had this concern before the August incident. After Leatham’s first alleged assault against her in February, he was first jailed, then flown to Anchorage. His family understood that the state was seeking to move him to the state psychiatric institute. However, Chitty said that never happened and he spent much of his time in solitary confinement.“I don’t know if we’re going to get help for our Tyler,” Chitty said.Neil Nesheim is the area court administrator for Southeast Alaska. He was working nearby when the incident occurred. He said judicial services or Juneau Police Department officers are generally in courtrooms at the request of one of the parties or the judge.“If somebody would be considered dangerous and a threat in the courtroom, certainly either party or either attorney could ask the court to provide some sort of JS officer or JPD officer or state trooper to be present, if that were the case,” he said. “To my knowledge, we haven’t received anything along those lines.”Nesheim said those who work in the courthouse learned from the August incident.“It was an unusual incident,” he said. “I don’t think anybody expected that really to happen. Certainly it’s one of those things where it’s one for the learning books in terms of what to look out for in terms of: Does someone have any mental health issues and would they be considered a danger to society or those people in the courtroom?”Nesheim said the incident may lead to having more security in the courthouse.“I would expect that the change would primarily result with the additional staff of judicial services officers,” he said. “Right now, they only have two. Typically in the past they’ve had three. I don’t know if that’s because of budget cuts or just the inability of being able to find somebody. But simply the presence of another judicial service officer would certainly help.”Chitty flew down to Seattle last week to have her injuries from the incident checked out.“It’s been horrible for our family, but we are moving forward,” she said.Leatham has been in Juneau’s Lemon Creek Correctional Center since the incident. And Chitty said the state has been granted guardianship over him. That means the state will provide for his treatment and everyday living needs.Share this story:
By Gavin van Marle 12/01/2018 Russian Railways-owned logistics provider Gefco has continued its international expansion with the acquisition of Spanish road haulage and groupage firm GLT.GLT is a specialist in the Morocco-Europe trade, operating weekly full-load and groupage services between production centres in Morocco and its main cross-docking and logistics centre near Irun, in Northern Spain.It has a fleet of some 75 trucks and 380 trailers, which are carried on ro-ro and ferry services between the Moroccan port of Tangiers and the Spanish hub of Algeciras, a few miles north across the Straits of Gibraltar. Last year, GLT undertook some 16,500 crossings.It also operates proximity dispatch and fast maintenance centres in Tangiers and Algeciras and was forecasted to earn revenues of €35m in 2017.Founded in 1998, GLT has specialised in the apparel and automotive verticals that have been the subject of heavy investment in Morocco – partly as a result of the trend of retailers developing fast fashion supply chains – and the acquisition, says Gefco, is part of its strategy to increase its presence in the trade.Luc Nadal, chairman of Gefco Group, said: “With its fast-growing and dynamic industry, Morocco offers excellent prospects for our company.“Some of our main customers in automotive, aeronautics, retail and industry are already investing heavily in the country to increase their production capacity, thereby generating the need for logistics support and reliable solutions.“By capitalising on GLT’s know-how, we will be in the best position to seize the opportunities offered by these fast-scaling businesses.”GLT also has offices in Madrid and Lisbon, and its 229 employees will be incorporated into Gefco Spain, “as a specialised business entity”.GLT chief executive Cristina Orbea said: “We are delighted to join Gefco, a global player in logistics with a strong international network and established expertise.Mr Nadal added that the deal was part of the strategy that saw it buy Dutch firm IJS in 2015, which brought substantial freight forwarding expertise to the group as it sought to expand its range of capabilities and geographical coverage following the acquisition of 75% of Gefco by Russian Railways from French carmaker Peugeot in 2012.The GLT deal remains subject to approval by relevant regulatory authorities.
Keywords Banking industryCompanies Shareholder Association for Research and Education Facebook LinkedIn Twitter Fed plays limited role in assessing climate risks for banks Share this article and your comments with peers on social media Related news TD getting new head of private wealth, financial planning Canadian banks to focus on growth, spending and buybacks after strong second quarter James Langton Amid a growing shortage of access to affordable financial services, investors should be pushing mainstream financial firms to improve financial inclusion, argues a new report from the Vancouver-based Shareholder Association for Research and Education (SHARE). In a report released Wednesday, the investor advocacy group says that investors in financial firms are facing increased risks due to growing financial exclusion in Canada. It says that an increasing number of Canadians “are underserved by the financial mainstream, leaving them unable to build savings, access affordable credit or obtain appropriate financial advice.” For example, the report notes that approximately 13% of Canadians have no bank account, or have an account with a zero balance; and, just 24% of Canadians that are eligible to receive free government education savings contributions through the Canada Learning Bond have taken advantage of the program. As a result, these underserved groups — which includes low-income people, new immigrants, and aboriginal Canadians — are more likely to turn to the alternative industry, such as payday lenders, and end up using high-fee products as a result, it notes. “For investors, financial exclusion carries significant risks. Principally, it contributes to the negative economic trends we are seeing in Canada: low savings rates, low asset-holding, high levels of debt and growing inequality,” says Shannon Rohan, author of the report and SHARE’s director of responsible investment. “Investors are not immune to the negative impacts of these trends and should be seeking opportunities to promote deeper financial intermediation and greater financial inclusion.” The report recommends that Canada’s banks innovate in order to devise products, services, and delivery methods, to help address the issue, achieve higher volumes and greater efficiency. “There are important business-based arguments for banks to improve financial service provision to underserved market segments including building new client bases, improving brand image and maintaining a favourable regulatory environment,” it says. “We believe that the case for investors to support these processes, as shareholders in Canada’s banks and as long-term investors that are highly sensitive to the risks associated with financial exclusion, is strong,” it adds. Colette Murphy, executive director of the Atkinson Charitable Foundation, which sponsored the report, said, “As an institutional investor, the Atkinson Charitable Foundation believes that the investor case for improving financial service provision for low-income and other financially underserved groups is strong. It warrants a conversation and we look forward to constructive discussions with the banks, and other investors and stakeholders on this issue.”
4-quadrant approach to real estate investing Facebook LinkedIn Twitter Related news Investors today face challenges that can only be overcome with innovative thinking. Real estate, whether in the form of private, direct investments or publicly traded companies via mutual funds, is particularly fertile ground for the out-of-the-box solutions investors need.A large proportion of investors have three main priorities when it comes to building a portfolio: Share this article and your comments with peers on social media There IS a substitute for direct Real Estate investment A solution for high correlations and heightened volatility Keywords Partner Report Timbercreek Asset Management 1) income, 2) diversification and 3) capital preservation through low volatility, but with meaningful growth. For decades, the standard approach to meeting these goals was the 60% equity, 40% fixed-income portfolio. There is increasing recognition that this approach is no longer adequate.Today’s key challengesThe inability of the old formula to deliver in today’s environment stems from structurally low yields offered by developed-country government bonds – once a reliable source of safe, robust fixed-income returns. Figure 1, below, shows just how much yield has been sapped from client portfolios in the past 20 years.Exacerbating the new normal of low yields is increasing volatility in equity markets. For example, Bloomberg data shows that between 1985 and 1999, there were almost 800 days when the S&P 500 Index saw market fluctuations of greater than 1%. For the years 2000 through 2015, that number jumps to over 1,200.Done correctly, real estate investing can help dampen volatility and provide enhanced income streams for client portfolios.Real estate advantageOne of the reasons real estate is so attractive is that the income it generates is not fixed. “With strong active management, real estate income can grow over time, typically at the pace of inflation – or slightly higher,” says Corrado Russo, Senior Managing Director, Investments & Global Head of Securities, Timbercreek Asset Management, a global asset manager specializing in real estate.Real estate income is predictable and transparent because it’s based on long-term leases. For instance, a large mall anchored by a high-end retailer in an affluent neighbourhood will generate high, consistently growing rents with a very low probability of delinquency.It’s a winning formula, which is why global real estate companies’ annualized performance of 9.8% over the past 15 years beats Canadian equities (6.8%), global bonds (5.8%), the S&P 500 Index (5.8%) and global equities (5.5%).1But security selection is key. While global real estate as a whole should currently be expected to generate income of about 4%, strong active management can yield 6% to 7%. One of the ways this is accomplished is by stripping out securities that are known to detract from income. For example, real estate developer stocks and emerging market real estate stocks tend not to pay strong dividends; an effective active manager will screen them out.Strong active management is also a guard against what’s commonly viewed as real estate’s Achilles heel: rising interest rates. To offset this potential headwind, an experienced real estate fund manager will take a number of steps, including buying companies with attractive cash-flow growth. Additionally, from a historical perspective, interest rates tend to rise when economies strengthen, which drives increased cash flow for real estate companies. This growth often trumps the effect of rising rates.Diversification and low volatilityBuilding a diversified portfolio through low- or non-correlated assets has long been the cornerstone of security selection. For decades, this was accomplished with a simple stock and bond allocation. But recent years have seen a tightening of correlations between equities and fixed income, leading investors to search for other ways of achieving the diversification they need to weather turbulent markets.Real estate – both private and publicly traded – delivers diversification through low correlations to traditional asset classes. For instance, Canadian real estate has only a 0.52 correlation to Canadian equities, and a 0.5 correlation to U.S. equities.2Complementing real estate’s diversification benefits is the low-volatility return path that’s so important to investors focused on capital preservation. “Long-term leases have a major smoothing effect on cash flows, whereas general equities’ cash flows go up and down with the economy,” explains Russo.Meeting investor needsStrong, reliable income. Diversification. Capital preservation through low volatility, plus meaningful growth.Global real estate delivers on each of these investor priorities at a time when traditional assets fail to pull the weight they once did. And when paired with experienced active management, real estate can go well beyond replacing the income streams lost in today’s low-yield environment.Timbercreek Asset Management is a global expert in private and publicly traded real estate investments, focused on delivering predictable, sustainable and growing returns to investors.For more information on Timbercreek’s investment solutions, visit Timbercreek.com/advisors1 Source: Bloomberg. Data as of June 30, 2016. Performance data in local currency. Indices include FTSE EPRA NAREIT Developed Global Real Estate Index, S&P/TSX Composite Index, JP Morgan Global Aggregate Bond Index, S&P 500 Index and MSCI World Index.2 Source: Bloomberg. Data as at December 31, 1992 to January 31, 2016.Partner Reports is a space made available for businesses who wish to publish content for the financial professionals. Investment Executive journalists are not involved in writing these articles.
B.C.’s anti-money laundering effort flawed: C.D. Howe Share this article and your comments with peers on social media OSFI reviewing its anti-money laundering rules jlawangkun/123RF Facebook LinkedIn Twitter “The money laundering and terrorist financing environment has evolved since the last review was completed in 2013 and these crimes continue to pose a threat to national security,” the discussion paper says, and “there have been significant advancements in technology” since that review, including the emergence of cryptocurrencies, advances in fintech, and developments in digital identity recognition that, “can facilitate the customer due diligence process which is a cornerstone of the framework.”In addition to technological changes, there have also been significant developments in the global AML environment, the discussion paper notes, including the revelations about the use of offshore tax havens in the Panama Papers and Paradise Papers.Among other things, the discussion paper covers:possible legislative and regulatory gaps in the existing AML regime;enhancing information sharing;improving enforcement; andmodernizing the AML framework.The paper contemplates expanding the range of businesses that are required to report to AML authorities to potentially include the white-label automated teller manchine industry, mortgage insurers, and financing, and leasing and factoring companies, among others.In particular, the paper examines bring lawyers into the AML regime, citing the “role lawyers can play in various questionable dealings including: setting up shell corporations; appointing nominee directors; and falsifying records as referenced in the Panama Papers; or the inappropriate use of trust accounts with or without offshore connections for corporate or real estate transactions here in Canada.”“The lack of inclusion of the legal profession in Canada’s AML/ATF framework is a major deficiency that negatively affects Canada’s global reputation,” the paper says. “We look forward to further exploring with the law societies how we can address the issue of legal professionals being used to facilitate money laundering and terrorist financing,” it adds.The discussion paper also highlights progress made at the latest meeting of federal, provincial and territorial finance ministers in December 2017. The ministers agreed to revise corporate laws to:ensure that companies maintain accurate information on beneficial owners that will be available to law enforcement and other authorities; andeliminate the use of bearer shares and bearer share warrants or options.“Best efforts will be made to bring these amendments into force in all jurisdictions by July 1, 2019,” the paper says.Finance Canada is also seeking feedback on, “how to improve corporate ownership transparency and mechanisms to improve timely access to beneficial ownership information by authorities while maintaining the ease of doing business in Canada. This includes considering different beneficial ownership registry models and whether information should be made public. The department is also seeking views on risks associated with legal entities that are not corporations, such as legal partnerships.”Comments on the discussion paper are due April 30.The Investment Industry Association of Canada (IIAC) will be looking to its AML committee to prepare a submission on behalf of investment dealers, the IIAC says in its latest newsletter. Related news James Langton Keywords Money laundering FINTRAC fines money services firm The Department of Finance Canada has released a discussion paper on the state of Canada’s efforts to combat money laundering in light of the growing popularity of cryptocurrencies, the emerging fintech sector, and offshore tax haven revelations.The paper, Reviewing Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime, is designed to support the House of Commons Finance Committee’s upcoming statutory review of federal anti-money laundering (AML) legislation, while also helping to inform Finance Canada’s long-term policy vision for fighting money laundering and terrorist financing.
RelatedEarly Childhood Institutions must have Facilities for Children with Disabilities RelatedEarly Childhood Institutions must have Facilities for Children with Disabilities Advertisements RelatedEarly Childhood Institutions must have Facilities for Children with Disabilities Early Childhood Institutions must have Facilities for Children with Disabilities UncategorizedNovember 30, 2006 FacebookTwitterWhatsAppEmail Operators and prospective operators of early childhood institutions are being reminded that the construction of any new complex must have facilities to accommodate children with disabilities, in keeping with the 2005 Early Childhood Act and its regulations, which will be enforced in 2007.Speaking to JIS News, Executive Director of the Early Childhood Commission, Merris Murray, noted that the provision of adequate and appropriate facilitates for children with disabilities should not be taken lightly by operators of early childhood institutions.“There are standards that speak to access for children who are physically challenged, for example for new institutions. The law recommends that any new institution that is going to be built, after the commencement of the Act, should have a ramp on it to give free access to children who are physically challenged,” she emphasised.These facilities include ramps and walkways, which can allow for easy access to classrooms, administrative areas, bathrooms and play areas. In addition, she noted that there should be adequate space for children who use crutches and wheel chairs. “The institution should have adequate space for crutches and it should also have an adequate number of wash basins and toilets that are of wheel chair height, so we are really looking at a policy of inclusion, whereby children who are physically challenged can be comfortably accommodated,” Miss Murray said.As it relates to the physical environment, she also noted that any operator who wished to operate an early childhood institution at a place of residence, for instance, must ensure that the early childhood facility was properly separated from the living area.“It (the law) recommends that no institution shall be located where a person resides. However, if this occurs, the section of the building where that institution is being operated should be used exclusively for this purpose during the hours of operation of that institution, so you can’t have people living in an institution that is being operated,” she said.Miss Murray pointed out that an early childhood institution must have a sick bay for children, and separate bathrooms for staff and children. In addition, she said that there should be separate sections designated for sleep, food preparation and eating.All indoor and outdoor areas, she said, must be safe for the children to play. “The premises must have space for internal play and access to an outdoor play area, because if we are talking about an environment that is stimulating for the child, then the child must be given the opportunity to explore the external environment,” she added.In this regard, she stressed that the institution must be properly fenced and gated, in order to prevent children from leaving the compound as well as prevent persons from entering the premises without permission.Prior to the implementation of the regulations and accompanying measures, the Early Childhood Commission, in collaboration with the Enhancement of Basic Schools Project (EBSP), will be undertaking a public education campaign beginning in January 2007.“We will be enforcing the law very soon, and so we are working closely with the Ministry of Education and with the EBSP, to develop a national consultation programme so that we can inform stakeholders about the requirements and the mechanisms that are going to be put in place, which will be required under the law,” Miss Murray said.
Published: Nov. 17, 2017 Former Barack Obama science advisor John Holdren, left, with engineering Dean Bobby Braun at a public event on campus Nov 16 (Photo by Casey A. Cass/University of Colorado)Basic research by scientists, engineers and students plays a huge role in the economic well-being of our nation, said John Holdren, President Barack Obama’s science advisor for eight years, who spoke at CU Boulder Nov. 16.Holdren, the longest-serving science advisor to any president and a central member of Obama’s senior staff, said virtually every economist agrees that more than 50 percent of U.S. economic growth has been driven by science, technology and innovation in government, academia and industry. “We know historically that our investments in basic research have led to an enormous improvement in human well-being,” he said.Holdren’s public talk to a packed house of more than 500 people at the University Memorial Center was the inaugural event of the CU Boulder Engineering Dean’s Speaker Series created by Bobby Braun, who was named dean of the College of Engineering and Applied Science in January 2017. As part of the event, Holdren fielded questions from the audience, touching on energy policy, sustainability, climate change, science education and technological innovation.“Discovery and invention are things that make us human,” Holdren said. “It is one of our highest aspirations to better understand ourselves and apply that understanding to improve the human condition.”Holdren also talked about Engineers Without Borders USA, which was founded 15 years ago by CU Boulder Distinguished Professor Bernard Amadei of civil engineering and now spans 46 countries with more than 16,000 members. “There is value in this project not just for peoples’ livelihoods but the passion it inspires in young engineers, some of whom may go on to do even bigger and better things,” he said.“My greatest hope is that we will not lose hope,” he said. “I hope the scientists, engineers and innovators in this country—and the young people who are aspiring to become scientists, engineers and innovators—will not become discouraged by the current political environment. Evidence, facts and analysis will ultimately prevail.” Categories:Getting InvolvedCampus Community Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail
Published: Dec. 2, 2020 Criminals are working overtime to steal your money or personal information. They prey on your needs and try to exploit them. Most of the time, the criminals are located outside of the United States, which makes tracking them down, returning your money and bringing them to justice virtually impossible.It is very important to be cautious when you are online—if there is an offer that seems too good to be true, oftentimes, it is. Many scams involve relevant topics, such as raising money for the wildfire efforts or, most recently, the COVID-19 vaccines.While not a comprehensive list, here are the most common scams that CU Boulder Police officers see.How to avoid a scamAccording to the Federal Trade Commission, here are the best ways to avoid a scam:Don’t share your personal or financial information with someone that you didn’t expect to hear from. Legitimate organizations won’t call, email, or text to ask for your personal information, like your Social Security number, bank account information, or credit card numbers.Don’t feel pressure to act quickly. Real businesses will give you time to make a decision and should not pressure you to do something immediately.Recognize how scammers want you to pay. If someone represents a legitimate business or organization, they will not ask you to pay with a gift card or by using a money transfer service. And never deposit a check and send money back to someone. Their check will surely bounce after they cash your check and you will lose your money.Stop and talk to someone you trust. Before you do anything else, tell a friend, a family member, a neighbor or a police officer about what you are being asked to do. Talking about it could help you realize it’s a scam.If you were or think you were scammed, report it to the Federal Trade Commission.Employment scamsKnowing that a lot of college students need money, this is a popular way that scammers steal from you. There are three common methods:Credit report scam: You receive an email notifying you that, after reading your resume on a career-finder website, the company would like to discuss the position with you further. All that you need to do is fill out some information so that the company can run a credit check on you. You then provide them with your name, address, Social Security number, etc. The problem is that there isn’t a job and they aren’t running a credit check on you.Pay for a background check or training supplies: During a fake phone interview, the job seeker is told he or she is hired. To move forward in the process, the job seeker needs to send a prepaid credit card to pay for the background check or training supplies. If it is a legitimate job with a real employer, you shouldn’t have to pay for these items.Work-from-home scam: A company hires you to assemble products at home to sell. All that you need to do is send them $300 to pay for the first kit. You send them the money and your kit never arrives.Government scamsAnother very common scam involves callers pretending to be government officials from the Internal Revenue Service or the Social Security Administration. The criminals often use fear and tend to target our international students who are not as familiar with how these government offices work. Usually, the callers threaten to arrest the victim if they don’t send money right away. Once again, the criminals will often recommend payment through gift cards or prepaid credit cards.Romantic connection scamIn this scam, the victim meets someone online and there is quickly a romantic connection. After a few visits together, the scammer convinces the victim to disrobe while they watch, recording the entire event. Then, a different person reaches out to the victim to let them know about the video and threatens to share it publicly if they don’t pay up.Categories:SafetyCampus Community Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail
Advertisements RelatedExporters Getting Assistance to Meet US Safety Standards FacebookTwitterWhatsAppEmail Industry, Investment and Commerce Minister, Hon. Anthony Hylton, said that several initiatives are being pursued to enhance the operational standards of local exporters and ensure the safety of products exported to the United States (US). These initiatives, the Minister said, include a cost-sharing programme of up to 25 per cent of inspection fees; training and technical assistance; and gap analyses and audits by technical experts from various stakeholder agencies to assess Jamaica’s state of readiness to meet the provisions of the Food Safety and Modernization Act (FSMA). Addressing the Jamaica Exporters’ Association (JEA) breakfast forum at the Jamaica Pegasus Hotel, New Kingston on Tuesday (February 28), Mr. Hylton said the legislation, implemented by the US Food and Drug Administration in 2011, has “significant implications” for Jamaican exporters of food and other products to the US market. This, he said, as all entities producing, handling and transporting, or importing, exporting and distributing food, “now have to meet heightened food safety standards”. Mr. Hylton informed that the Ministry has collaborated with the EX-IM Bank; Ministry of Health; Veterinary Services Division; Plant Quarantine Division; Bureau of Standards Jamaica (BSJ); Scientific Research Council (SRC); Food Storage and Prevention of Infestation Division (FSPID); Jamaica National Agency for Accreditation (JANAAC); and JAMPRO, to develop and implement specific initiatives. Other measures, he said, include: steps by the BSJ to train inspectors in the requisite food management systems and risk management skills to support local processors; a mentorship programme; and engaging Hazard Analysis and Critical Control Points (HACCP)-compliant Jamaican companies to work closely with other entities to guide this level. In addition, JAMPRO is assisting several companies to prepare applications to the Caribbean Export Development Agency (CEDA) to access funding to undertake gap audits and implement upgrading plans to meet FDA requirements. “As some of you would be aware, an FDA expert conducted sensitization sessions on the FSMA legislation and its impact on food products to be imported to the U.S. JAMPRO continues to work closely with exporters in understanding the requirements of the FSMA and in guiding their preparations to meet the required standards. The broader strategy envisions development of the capacity of local companies and enhancing the overall competitiveness of select value chains and industry clusters to take advantage of linkages, (and) opportunities,” Mr. Hylton. The Industry Minister spoke on the theme: ‘Export Competitiveness – An Imperative for Jamaica’s Economic Development’. By Douglas McIntosh, JIS Reporter Exporters Getting Assistance to Meet US Safety Standards CommerceFebruary 29, 2012 RelatedExporters Getting Assistance to Meet US Safety Standards RelatedExporters Getting Assistance to Meet US Safety Standards