This time next week, the biggest shopping event of the year will see people looking to take advantage of Black Friday flash sales. More people will be online shopping than ever before with sales expected to increase a third this year, according to Adobe Analytics, thanks to the ongoing pandemic. However, shoppers have been warned … Read more
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
Facebook is failing to safeguard Britons from online scams using fake celebrity endorsements, watchdog warns Facebook users were unaware sham products could be advertised on the site Younger people may actually be more susceptible to scams a survey found Only 30 per cent were aware of the scam ad reporting tool introduced in 2019 By … Read more
Just over a third of the total amount lost to scams where people were tricked into transferring money to a fraudster was returned to customers in the first half of 2020, according to figures from a trade association. A total of £207.8million was lost to authorised push payment (APP) scams between January and June 2020, … Read more
Scammers surely cannot believe their luck. A simple phone call is now all it takes to steal a pension saver’s life’s work. What’s more, as we reveal here, pension firms and financial regulators don’t have the power to intervene. And the police are not likely to investigate. It’s a win-win for fraudsters. It’s dreadful to … 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
Surge in scams as fraudsters cash in on desperate savers struggling with record low rates and market turmoil By Victoria Bischoff Money Mail Editor For The Daily Mail Published: 21:51 BST, 19 August 2020 | Updated: 21:51 BST, 19 August 2020 Fraudsters are cashing in on savers desperate for a decent return on their money … Read more
Phone and email scams have doubled during the coronavirus lockdown, government figures reveal. Criminal gangs have become increasingly creative in targeting vulnerable people during the pandemic. Scams include authentic-looking emails telling the victim is due a tax rebate to more threatening claims that police will be called if they refuse to divulge personal information. At … Read more
Blameless victims of sophisticated bank scams are being left thousands of pounds out of pocket because of a refund ‘lottery’. Under rules which were introduced in May last year, banks are meant to refund fraud victims who have taken reasonable care to protect themselves. Yet firms continue to wriggle out of paying refunds and treat … Read more
Fraudsters capitalise on lockdown uncertainty to steal £4m as investors are lured by sophisticated scams By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 July 2020 | Updated: 21:50 BST, 13 July 2020 Fraudsters have stolen around £4million from investors in recent months through large-scale sophisticated scams, the Investment Association (IA) has warned. … Read more