Scams

Last year alone, mobile network operators successfully blocked over one billion scam messages, safeguarding their customers from potential harm. This significant achievement is a testament to the industry's ongoing commitment to protecting consumers.

To combat the ever-evolving threat of fraud, mobile operators have invested millions in advanced technologies to identify and block scam and spam calls and texts on a daily basis. They are also actively collaborating with regulatory bodies like Ofcom and the UK Government to strengthen consumer protection measures.

https://www.politicshome.com/members/article/uk-mobile-industry-blocks-one-billion-scam-messages

Personal finance experts are urging Brits to take the growing threat of financial fraud more seriously. With fraudsters becoming increasingly sophisticated and tech-savvy, the risk to personal finances is higher than ever.

Ocean Finance, a financial broker and provider of Ocean Credit Card, polled 2,000 people across the UK, revealing that 1 in 3 (38%) have either fallen victim to financial fraud or know someone close to them who has.

A fraudulent roofer has been sentenced to two and a half years after ripping off a vulnerable home owner in Wrexham.

John Price, who lives on a caravan park near Oswestry, pleaded guilty to all charges of fraud when he attended court on October 25.

A 'wicked' conman orchestrated a complex banking scam from a Salford flat - with pensioners across the country swindled out of more than £1.5m amid a wider conspiracy. Azeem Mohammed, 33, played a 'leading role' in the operation, which targeted vulnerable elderly people.

Evil scammers used a number of elaborate rouses, including using various phone numbers manned by different members of the group - and fake bank websites - to convince their victims they were fraud investigators from high street banks such as HSBC, Barclays, Lloyds and Nationwide. They claimed people's accounts were 'under attack'.

We all like to think we wouldn’t fall for a scam, but given that in the first half of this year, fraudsters stole more than £500m from us, there’s always the risk that sophisticated scammers will work out a way to part you from your money. One of the most subtle approaches is what’s known as authorised push payment fraud — where a criminal will trick you into sending money to an account — so we need to know how these scams work and how to protect ourselves.

https://uk.finance.yahoo.com/news/red-flags-how-to-spot-scam-123509186.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

The charity says that around one in five people across the UK have been caught out by a finance scam in the past year - here is how to protect your money.

Citizens Advice estimates that nine million Brits have fallen victim to a financial scam over the past year.

The charity says that around one in five people across the UK have been caught out by a finance scam – such as a fake pension - in the 12 months to August.

Scams aren’t just relegated to emails and cell phones these days, as one journalist recently discovered ✉

• Fraud still isn’t limited to the digital world in the modern age.
• There are still a number of postal scams, designed to add a “legitimacy” from those intended to undertake fraud.
• Reporter Benjamin Jackson was one of those who recently had a scam end up in his letterbox - here’s what he did.

https://www.edinburghnews.scotsman.com/news/crime/postal-scams-2024-types-of-scams-what-to-do-if-you-get-a-scam-letter-4831765

The chief executive of Lloyds Banking Group has joined calls for technology firms like Meta to do more to clamp down on a surge in scams originating from social media.

Charlie Nunn, one of Britain’s most influential bankers, said social media giants needed to collaborate more with lenders to protect consumers.

Asked on the BBC’s Sunday with Laura Kuenssberg programme whether Lloyds believed tech companies were “pulling their weight” on fraud, Nunn replied: “No, we don’t.”

Action Fraud is urging people to provide an extra layer of protection on their social media accounts and email after more than 33,600 accounts were hacked in the last year.

New data released by the national fraud and cybercrime reporting centre shows that victims lost a combined total of £1.4 million as a result of their online accounts being compromised.

People are being warned about fraudsters trying to steal their savings via scam websites and adverts.

Action Fraud says that every year victims lose thousands of pounds to criminals imitating genuine investment firms by clicking adverts which lead them to fraudulent websites. Often these websites imitate real pages and are known as "cloned companies".