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
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
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
‘That scratch wasn’t there when you rented the car’: Here’s how holidaymakers can avoid (and fight back against) common car rental tricks and scams Do a full inspection of the car and note down any imperfections beforehand You don’t need GPS – use maps on your smartphone for free or pre-plan routes Follow the simple … Read more
Facebook to scan private chats in Messenger for signs of scams and deliver pop-up notifications to users who appear to be falling for them 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 … 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
Government launches guidance 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