Scams

The regulator has opted to phase in new rules which were supposed to be in place from next week.

https://www.lovemoney.com/news/88592/sca-fraud-rules-shoddy-handling-protections-scammers?source=1000693

TV and radio presenter Helen Skelton has revealed that she was scammed out of her savings after falling victim to fraudsters over the phone.

https://www.actionfraud.police.uk/news/helen-skelton-reveals-that-she

In May this year, Tonight reporter Helen Skelton received an email. It appeared to be from TV Licensing, and said that it was her ‘last day to remain licensed’ but that her direct debit had bounced. It instructed her to pay an overdue balance of £11.95. Little did Helen know: when she clicked to pay that small fee, it would actually begin a chain of events which would allow criminals to steal an astonishing £70,000 from her bank account.

https://www.itv.com/news/2019-09-12/fraud-the-public-threat-tonight/

The Financial Conduct Authority has published warnings about two unauthorised car insurance firms targeting the public via social media. Fast Camel Car Insurance is reportedly operating on Facebook, while @carinsurance.lltd is targeting customers on Instagram.

https://www.moneyexpert.com/insurance/fca-raises-alarm-two-fraudulent-car-insurance-firms-operating-social-media/

Following yet more reports over the weekend of sellers who have fallen victim to the eBay PayPal payment email address fraud. They have all seen the payment email address changed on several of their listings, diverting thousands into fraudsters PayPal accounts, today we share the steps one eBay seller has put in place to attempt to prevent the fraud being repeated on their eBay account.

https://tamebay.com/2019/09/ebay-paypal-payment-email-address-fraud-prevention-methods.html

A rogue builder who fled the country in an attempt to evade justice has been jailed for nearly four years.

https://www.yourlocalguardian.co.uk/news/17867900.rogue-trader-conned-elderly-finally-behind-bars/?ref=twtrec

Police are warning residents in Gloucestershire to please be vigilant after reports of a number of HMRC scam calls.

The Social Media Scams Costing Businesses £1Billion Per Year

Be Scam aware, don’t be a money mule

Millennials are falling victim to scams involving handing money to fraudsters more than any other age group, according to Lloyds Bank.