Scams

Instagram users are being warned about ‘get rich quick’ schemes following a rise in fraudulent investment posts on the social media app.

https://www.yourmoney.com/investing/fraudsters-target-instagram-users-with-investment-scam/

The BBC reports that a media company based in Scotland is now suing a former employee who fell for a Business Email Compromise (BEC) scam. In the scam, the employee received emails which appeared to be from the managing director and requested wire transfers.

https://newsroom.trendmicro.com/blog/simply-security/dont-blame-employees-who-fall-bec-scam

We are urging the public to remain vigilant and not be fooled by online and telephone fraud scams after a woman is nearly defrauded out of £27,000.

https://www.westmercia.police.uk/article/57478/Police-issue-warning-following-reports-of-a-telephone-fraud-scam

We’ve covered DVLA scams before, but this one caught my eye due to how closely-tied it was to my real vehicle tax renewal. How did the scammers know?

We've had hundreds of reports about these Amazon emails! They're FAKE and the link takes you to a website designed to steal your login details!

The Financial Conduct Authority (FCA) is urging over 55s to take their time to check that investment ‘opportunities’ are legitimate before they hand over their money.

A rogue trader who swindled more than £40,000 from homeowners to fund his gambling habit has been jailed.

https://www.birminghammail.co.uk/black-country/gambling-addicted-trader-jailed-after-15793158

Eight men were sentenced yesterday (Monday, 11 February) to more than 21 years for their roles in a nationwide telephone and courier fraud scam.

https://www.cumbriacrack.com/2019/02/12/phone-scam-gang-jailed-for-more-than-21-years/

An awareness campaign has been launched to help those living in Birmingham & Coventry, over the age of 55 to tackle the increasing threat of fraud. The Tackling Fraud Together  programme is expected to benefit over 30,000 people over the age of 55, by giving them free advice and support about how to Spot and Stop fraud.

https://tacklingfraud.org/2019/02/05/west-midlands-citizens-receive-fake-news/

The Financial Conduct Authority (FCA) is urging over 55s to check investment opportunities are genuine before they part with their money. This comes as new research, commissioned as part of the FCA’s ScamSmart campaign, reveals that only two in five (42%) think they know how to spot a fraudulent investment opportunity. Fraudsters are targeting the growing over 55 population because they are more likely to have money to invest.

https://www.actionfraud.police.uk/news/inside-the-mind-of-a-scammer-the-tactics-investment-fraudsters-use-to-deceive-over-55s