Holidaymakers have been warned to be on the lookout for scams this summer as criminals take advantage of the uncertainty surrounding coronavirus travel restrictions. With many now panicking into booking a last minute trip and not wanting to miss out, potential travellers are more vulnerable to falling into a trap. UK Finance has urged travellers … Read more
Hot tub crime machine: Purchase scams involving plug-in pools up 400% as crooks take advantage of sunshine loving Britons Hot tub sales have surged since the lockdown as Britons splash out on luxuries NatWest said purchase scams went up five-fold between April and May Hot tubs involved in third-most purchase scams after Nintendo Switch and … Read more
Facebook Messenger launches ‘in-app notifications’ to help people spot scams and clamp down on suspicious activity Machine learning will detect unusual behaviour and warn people of scams In-app notification will warn people and offer formation on how to avoid scams Similar feature will be used to help users spot potential imposters By Joe Pinkstone For Mailonline Published: 14:00 … Read more
Stop blaming the victims of fraud! Banks still failing to help many who lose money in financial scams Some fraudsters are seeking to cash in on the coronavirus crisis Report by payments regulator reveals banks are still too quick to dismiss victims Only £4 in every £10 lost to so-called push payment scams refunded last year … Read more
Trapped inside their homes during lockdown, millions of households are watching more television – creating a new target for cyber scammers. Streaming services offered by companies such as Netflix, Amazon and Disney are now the focus for hundreds of online scams launched every week. So-called ‘copycat’ websites are luring victims into handing over money to … Read more
JAMES BROKENSHIRE: How to spot scammers and get help if you fall victim to cyber crime as MILLIONS is lost due to Covid-19 cons There have been more than 1,000 reports to Action Fraud relating to coronavirus The National Cyber Security Centre has thwarted thousands of scams including 471 fake online shops and over 500 … Read more
There has been a surge in scammers selling fake online courses as more households take up learning while stuck at home, new data has revealed. With everyone except key workers in lockdown, people are turning to online coaches and trainers to educate themselves while they have the time to do so, including taking webinars, podcasts, … Read more
Name-checking fraud prevention system has already reduced bank transfer scams by 31%, says Lloyds It alerts those sending money if recipient’s name doesn’t match account details Lloyds was the first bank to roll it out in full with other banks doing so now It said it had seen a 31% drop in fraud among those … Read more
City watchdog warns over Coronavirus savings scams as markets plunge and interest rates hit record lows By James Salmon for the Daily Mail Published: 22:57 BST, 7 April 2020 | Updated: 23:14 BST, 7 April 2020 The City watchdog has sounded the alarm over investment scams which may emerge during the corona- virus pandemic. As … Read more
Savers who are under financial pressure or have lost jobs should beware scammers tempting them to tap pension pots early or switch them into dodgy investments. Taking money from pensions before you are 55 is especially hazardous, because the taxman slaps a heavy penalty on early withdrawals and the rest of your pot may then … Read more