In a car park somewhere on the rugged Cornish coast, a Ghanian scammer stands shivering and confused. He has been sent here to collect the payment for 10kg of non-existent gold promised to the victim of one of his scams.
The fraudster is expecting to get £234,000 in cash. It’s a massive sum, by far outweighing the costs of the 6,000 mile round trip from the Ghanian capital, Accra.
The problem is that he has been waiting for longer than
Online scammers are exploiting the ULEZ expansion on Facebook to lure unwilling victims into parting with cash for luxury cars they will never see.
Fraudsters are copying the photos and details from real car adverts on sites such as Auto Trader, Gumtree and eBay and posting them on Facebook Marketplace.
The legitimate-looking posts promise top-end cars such as BMWs, Audis and Mercedes for knock-down prices, usually around £5,000, under the guise of having acquired them at ‘auction’.
Many of the
Banks are ‘encouraging’ fraudsters to steal ‘billions’ of pounds from customers by denying that exploits in chip and pin systems are possible – and the watchdog is allowing them to do it, a leading expert has claimed.
Chip and pin was introduced in the UK in the early 2000s after banks accepted security failings which meant magnetic strips on debit and credit cards could be cloned, letting criminals rinse victims at cash points.
But scientists, such as security engineering professor
People worried about their finances are falling victim to fraudsters making fake offers of loans.
The Financial Conduct Authority found that 24 percent of people in a survey last month turned to credit or loans to help fund their summer spending.
Loan fee fraud, where someone pays a fee for a loan they never receive, typically leads to a £260 loss.
The regulator said its data indicates that last summer there was a 26 percent increase in complaints from consumers
A father-of-three has revealed how he lost his life savings, his home and his wife after he was tricked into investing in bogus cryptocurrency schemes by two women he met on social media.
Michael Holloway, a 62-year-old real estate agent from New Jersey, was conned out of $500,000 by online fraudsters, who lured him in with fake relationships before persuading him to drain his entire retirement pot.
Michael was so distraught by falling victim to the cruel scam that he
Santander has warned about a common scam fraudsters deploy which can see victims lose thousands of pounds.
The scam is often used at holiday destinations to dupe unsuspecting tourists who think they are getting a good deal on a purchase.
The bank shared a person’s story in a Twitter post, who was buying souvenirs on holiday when they found an electronics shop.
They said: “The owner was so welcoming. He had a great deal on an iPad and I couldn’t
In the middle of The Great British Spring Clean 2023, we thought it would be good to think about why it’s good to clean up your data, to help protect from scammers who will use it against you if they can.
There are so many scams around these days, it’s worth knowing what to look out for. And it’s also worth knowing the things that can make us more vulnerable to scams that might target us.
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