Scammers have used the chaos of the coronavirus pandemic to pose as everything from airlines, to mobile phone providers and streaming services and steal millions of pounds from victims in impersonation scams. Fraudsters have continued to cold-call victims stuck at home pretending to be their bank or the police to convince them that their money … Read more
Relentless roboscammers are bombarding the nation’s home phone lines with threatening messages and frightening fraud attacks. These computer-generated calls are cheap to make and tough to trace – and the fraudsters don’t stop after you hang up. It is feared that millions of Britons stuck at home because of the virus crisis are being deluged … Read more
Pension cons are not the only way fraudsters can now steal your investments in an instant. The pandemic has seen a rise in sophisticated scams targeted at investors looking to make their money go further. Industry body UK Finance says British savers lost £55.2 million to such scams in the first half of 2020 — … Read more
It starts with an out-of-the-blue phone call, email or text message and an offer to help with your pension: a plausible pitch explaining how you can enjoy a richer retirement in a few simple steps. The promise sounds too good to be true, and it almost certainly is. Yet pension-scam victims are still losing millions … Read more
Social media scams on the rise: Shoppers warned over surge in fake websites claiming to sell anything from caravans to puppies Banks have reported a rise in purchase scams aimed at younger people this year This often involves consumers paying for items online which don’t exist The fraud is often facilitated because victims pay by … Read more
Fraud victims are now losing at least £11.5 million a day as scammers seek to cash in on coronavirus, Money Mail can reveal today. Alarmingly, the true figure is thought to be nearer £80 million a day because only a fraction of all fraud is officially reported. Experts warned early on that crooks were attempting … Read more
Hackers are exploiting the pandemic to launch cyber-attacks on some of the UK’s biggest companies. Firms distracted by the crisis are more vulnerable than ever. In May, easyJet revealed that it had been the victim of a cyber-attack, which had compromised the details of 9.8 million customers. It said 2,200 credit card details were accessed, … Read more
Fraud is now Britain’s most common crime and anyone can be a victim, says City of London Police By Ian Dyson Commissioner Of The City Of London Police Published: 22:00 BST, 8 September 2020 | Updated: 23:00 BST, 8 September 2020 Fraud fight: Ian Dyson Commissioner of the City of London Police Fraud used to … Read more
Some 107,000 fraudulent insurance claims, worth a total of £1.2billion, were uncovered by insurers in 2019, new data has revealed. A new scam was uncovered every five minutes, equating to 300 fraudulent claims, and just over 2,000 false applications being detected every day, according to research from the Association of British Insurers (ABI). The frauds … Read more
A Metro Bank customer lost £26,000 after a fraudster took advantage of compromised card details to scam him twice in what the bank described as a sophisticated social engineering scam. The man from Bedford, who did not wish to be named, said he was left checking his online banking ‘every five minutes’ after fraudsters accessed … Read more