Latest news with #Raymond
Daily Record
3 hours ago
- Health
- Daily Record
New treatments offer the chance to consign dementia to the history books
In Scotland there are 90,000 people living with dementia. And increasingly this is a disease which affects not just the very old, with 3000 people under 65 also suffering. There can be few families across Scotland unaffected with many of us either facing the illness ourselves or looking after those in its grip. Our health and social sector also faces an ever-growing demand for specialist dementia care, with six out of 10 of those in care homes diagnosed with the illness. For sufferers and their families, this can be a devastating illness to deal with as loved ones must deal with distressing symptoms. But this has also become a major political issue as governments face the consequences of an ageing population. It is no exaggeration to say that dealing with dementia and its effects is one of the biggest challenges facing the entire Western world. But now, at last, there is hope on the horizon. There are more than 100 new drugs which could halt dementia's development. And a new scientific paper reported in today's Daily Record states that we are now at the 'start of a journey to a cure'. The study goes into detail on the treatments going through clinical trials, with many of them able to reverse or even eliminate symptoms. It may be some time before such drugs are widely available so it would be wrong to think we have won this battle. But all of us will be watching and hoping that one day soon dementia is consigned to the history books. Banks too slow to stop the scammers ONLINE scams are a massive growth industry for criminals around the globe. And they are constantly on the look-out for new victims. Today we reveal how one grandad, Raymond Lumsden, responded to an online ad offering high returns for investors. He used his life savings to plough cash into the scheme. It was all a scam, leaving Raymond devastated. But the most worrying thing about this story was that Raymond's bank was too slow to respond to multiple red flags that this was a big con. National Fraud Helpline solicitors are now on the case and they believe that banks need to be more alert to potential scams. We all need to be careful when online offers look to good to be true. But our bankers also need to up their game to keep our money safe.
Daily Record
3 hours ago
- Business
- Daily Record
Heartbroken grandad loses £250k in RBS scam as fraudsters pose as staff
A Scots grandfather was left in tears after cruel scammers posing as Royal Bank of Scotland staff stole £250k he'd saved for his family— now he's fighting to get it back. A grandad has told how ruthless scammers posing as Royal Bank of Scotland staff stole £250k put aside for his family's inheritance. Raymond Lumsden, 71, was devastated after falling victim to a sophisticated online scam. While he described the 'horrible' fraudsters as the principal villains, he has also hit out at RBS staff for failing to spot red flags before approving the transfer of money to the criminals' account. The retired businessman from Edinburgh hoped to grow his savings for to leave to his loved ones, but instead says the fraud has left him traumatised and thousands of pounds out of pocket. Raymond's nightmare began in January when he responded to a Facebook advert claiming to offer high returns on savings through Royal Bank of Scotland International (RBSI). After filling in his details, he was contacted by someone claiming to be a bank employee and shown professional-looking documents, email addresses and even LinkedIn profiles that matched the names and photos of legitimate staff. Raymond's nightmare began in January when he responded to a Facebook advert claiming to offer high returns on international bond investments through Royal Bank of Scotland International (RBSI). He told the Record: 'I thought the offer looked brilliant. I definitely didn't think it was a scam. There was never a doubt in my mind I was dealing with a legitimate Royal Bank employee.' Raymond then visited his local RBS branch in Corstorphine, Edinburgh, where staff approved his investment transaction with no questions asked - despite Raymond presenting emails that said he needed to send the money to a compliance solicitor's account at RBSI - rather than directly to the bank itself. The fraudsters even gave Raymond access to a fake RBSI online portal where he believed he could track his investment. But weeks later, his world came crashing down when RBS's fraud team phoned him to say they suspected he had been scammed. He continued: 'I didn't believe them at first You could have knocked me over with a feather.' The pensioner is now angry that his bank failed to spot the warning signs, especially when he later discovered that his money had been transferred to a Halifax account - not an RBS one as he had believed. He added: 'No one in the branch questioned if it might be a scam. They didn't do a single check." RBS, which is owned by NatWest Group, has now refunded Raymond £207,000 - but refused to reimburse the remaining £43,000. Raymond has since enlisted the help of National Fraud Helpline solicitors to recover the outstanding cash, who have launched a case with the Financial Ombudsman. Lawyer Fiona Bresnen said: 'Raymond had checked with staff if this was the correct procedure and was reassured that it was fine. He even showed bank staff the email exchanges which mentioned the compliance solicitor but was told that it was okay to transfer the money. This should have raised immediate red flags." Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. Raymond believes that if even the most basic checks had been carried out, he would not have lost any cash at all. He added: 'I've been with RBS for over 40 years. I trusted them." Now he just wants to recover what's left of the money he had hoped would go to his grandchildren. He said: "They've taken the kids' money and it would mean the world to get the rest of it back." A Royal Bank of Scotland spokesperson said: 'While we can't comment on a case that is at the Ombudsman, if a customer is dissatisfied with their bank's decision, we would always advise them to speak to the Ombudsman themselves who will support with the claim including providing specialised knowledge for free." Impersonation scams take place scammers pretend to be a person whose organisation you trust, in order to trick you in to giving them money or sensitive information. Scammers can use artificial intelligence (AI) to make their scams more realistic. They can make fake videos of celebrities, phone calls from people you know or websites and emails that look official. Be extra cautions of any unexpected contact.
Mint
3 days ago
- Automotive
- Mint
Gautam Singhania meets European royal Prince Albert II: Here's why they met, what they discussed & more
Indian billionaire Gautam Singhania shared a picture with Prince Albert II of Monaco and shared his encounter with the European royalty. 'An absolute honour to meet H.S.H. Prince Albert II of Monaco,' Singhania said in an Instagram post on May 31. According to media reports, Indian billionaire Gautam Singhania was in Monaco for the Grand Prix and had met European royal Prince Albert II of Monaco on the sidelines of the international racing event. Gautam Singhania was cheering on Kush Maini, the first Indian to win the Formula 2 Sprint Race, at the iconic Monaco Grand Prix on Saturday, May 31. Singhania's JK Racing, along with TVS Racing, has been supporting Maini in his racing career from the beginning. He was seen in the pit lane embracing Maini after the monumental win. In an Instagram post, Gautam Singhania said he had a 'warm conversation' with Prince Albert II, who appreciated his outfit for the event. Singhania was wearing an embellished navy blazer, which he said was from his company's Chairman's Collection. He paired it with white trousers and navy blue leather shoes with a prominent lion logo. The company launched its Chairman's Collection in March 2025 to celebrate 100 years of Raymond. The European royal, who was wearing modest formals, liked the Raymond chairman's outfit. 'Grateful for the warm conversation and his kind words on the Chairman's Collection I was wearing. A true moment of pride,' said Singhania in his post, without elaborating further. Prince Albert II of Monaco is the reigning monarch of the Principality of Monaco. He ascended to the throne in 2005 following the death of his father, Prince Rainier III. Born on 14 March 1958, he is the only son of Prince Rainier III and American actress Grace Kelly. He is known for his commitment to environmental causes. In 2006, he established the Prince Albert II of Monaco Foundation to support sustainable development and conservation efforts worldwide. As of 2025, media reports suggest that Prince Albert II's personal net worth is estimated to be around $1 billion. It is derived from various sources, including substantial real estate holdings in Monaco and France, investments in the Société des Bains de Mer (which operates Monaco's famed Monte Carlo Casino), and inherited assets from his mother, Princess Grace. His financial affairs were under scrutiny recently due to a corruption scandal involving his former financial manager, Claude Palmero. Palmero faced legal action initiated by the prince on accusations of financial mismanagement and corruption. This was the first such move by a Grimaldi in 700 years.
Hindustan Times
3 days ago
- Automotive
- Hindustan Times
Gautam Singhania meets Prince Albert of Monaco. What the royal told Indian billionaire
Indian billionaire Gautam Singhania met Prince Albert II of Monaco recently and shared a picture with the European royal on Instagram. Singhania, a motorsport enthusiast and car racer, had been in Monaco for the Grand Prix. Besides serving as the chairman of Raymond Group, Gautam Singhania, 59, is also the founder of the Super Car Club and has participated in international racing events, including the Ferrari Challenge series. He was seen cheering for Kush Maini as Maini became the first Indian to win the Formula 2 Sprint Race at the Monaco Grand Prix. On May 31, Gautam Singhania took to Instagram to share a photograph that shows him posing with Prince Albert II of Monaco. The two apparently met on the sidelines of the Monaco Grand Prix. Singhania was seen dressed in an ornate, embellished navy blazer, white trousers and shoes bearing the design of a lion. The European royal, on the other hand, wore a more sedate outfit - beige trousers, navy blazer and formal shoes. Singhania revealed that his outfit was from Raymond's Chairman's Collection, which was unveiled in March 2025 to celebrate 100 years of Raymond. A post shared by Gautam Singhania (@gautamsinghania99) In the image caption, the chairman of Raymond revealed that Prince Albert praised his outfit. 'An absolute honour to meet H.S.H. Prince Albert II of Monaco. Grateful for the warm conversation and his kind words on the Chairman's Collection I was wearing. A true moment of pride,' he wrote. Gautam Singhania is the chairman and managing director of Raymond Group, the world's largest producer of suiting garments. According to Forbes, Singhania has a net worth of USD 1.4 billion. Singhania was born to Vijaypat Singhania in a Marwari industrialist family. He is known to be passionate about racing cars and owns an impressive collection of supercars. For the last couple of years, he has been in the news for his private life - Singhania announced his split with Nawaz Modi, his wife of 32 years, just a few days after she was allegedly stopped from entering the billionaire's Diwali party in 2023.
The Citizen
5 days ago
- Sport
- The Citizen
Brakpan's XKT excels at SAKA Kickboxing Championships
Xtreme Kickboxing Technologies (XKT) recently participated in the South African Kickboxing Association (SAKA) Championships held in Newcastle. Seven athletes represented the Brakpan club, and brought home four gold, four silver and four bronze medals. 'The tournament spanned three days of vigorous combat, and I am pleased with the fighters who took part,' said Raymond Phillips, president of XKT. SAKA is a member of the World Association of Kickboxing Organisations (WAKO) who is the only kickboxing organisation recognised by the International Olympic Committee (IOC). 'Kickboxing is one of the most prominent combat sports, both internationally and locally. The discipline and dedication of these athletes are highly commendable. It is a sport that depends on skill and artistry, developed through years of training, blood, sweat, and tears,' said Raymond. The following athletes are commended for their achievements and team selection: • Tatum Du Plessis – national team. • Bryan Lee Barnard – national team. • MJ Beets – presidential team. • Logan Lubbe – presidential team. • Morne Simpson – presidential team. • Tiaan Jacobs – presidential team. • Johnathan Duvenhage – presidential team. ALSO CHECK: Seasoned runner gears up for 11th Comrades Marathon ALSO CHECK: Dalpark tiener skitter op wêreldverhoog met Miss World Junior-kroon At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
