Coronavirus: Investment scams quadruple since virus lockdown
30/11/2020 | news | business | 129
Fraudsters have been using more sophisticated tactics to steal millions from UK investors.
1
MVP
30/11/2020 10:15:11 15 2
bbc
We need stronger regulators in the UK to deter these fraudsters.

Sadly I do not think that the FCA are up to the job
6
30/11/2020 10:29:10 15 0
bbc
The FCA deal with "real" businesses. The beginning of this article reads;

"Scammers have been cloning fund managers' websites, products and documents to steal almost £10m ($13.3m) from UK investors"

This suggests they are not real businesses & are, therefore, unlike to be found by the FCA, subject to investigations etc. It's not an FCA matter so you are correct they aren't up to the job.
55
30/11/2020 12:32:37 2 0
bbc
Poor things struggle because it's so hard to tell the difference between sharp practises which are legal and scamming; made harder because previous colleagues are involved in the former.

Does anyone believe the banks had no idea PPI was rip-off or that payday lenders were trying to help customers get out of debt?
2
30/11/2020 10:20:07 3 1
bbc
If it looks too good to be true...

Don't put all your eggs in one basket.

Most importantly, invest and buy British registered services.
3
30/11/2020 10:23:38 4 1
bbc
Many of these scammers are unregulated

Unfortunately, it sits in the "hard to investigate" category
7
30/11/2020 10:29:18 12 0
bbc
Surely all scammers are unregulated. Thats what makes them Scammers.
4
30/11/2020 10:24:31 2 0
bbc
I was scammed out of a considerable amount of money by a company called RENDEX TRADING LTD. If anybody else has been scammed by these basta&ds please reply to me. The National Fraud Investigation Bureau wouldn't investigate despite me providing them with much evidence (apparently my case didn't meet their criteria for investigation!!) but I can't be the only person scammed by RENDEX !
14
30/11/2020 10:54:22 1 0
bbc
Look on the 'net. There's a load of info..
37
30/11/2020 11:50:53 1 0
bbc
If you check the FCA website, you will see that Gibraltar based firm is known to them. And both it and the Gibraltar Financial Services Commission (GFSC) warn about a website which is not the actual company, but been cloned by fraudsters.
https://www.fsc.gi/news/rendex-trading-limited-335
115
30/11/2020 19:49:46 0 0
bbc
I feel for you. I have also been scammed recently, for a considerable amount of money. I would always have said I was investment and scam savy. They contacted me regularly for 18 months they were british, london LL no, had a live online account, share prices were correct for every trade, FCA registered (clone co) and company history. I researched prior to investing. They are really good.
116
30/11/2020 19:59:50 0 0
bbc
Wouldn't mind if I could have an email chat with you as my situation is different company but sounds very similar.
5
30/11/2020 10:26:30 10 8
bbc
"Scammers have been cloning fund managers' websites, products and documents to steal almost £10m ($13.3m) from UK investors."

Not sure why they have to give the value in dollars. Anyway, this sum pales into insignificance compared to the outright corruption at the heart of this Government. How many millions lost in worthless contracts to their pals.
1
MVP
30/11/2020 10:15:11 15 2
bbc
We need stronger regulators in the UK to deter these fraudsters.

Sadly I do not think that the FCA are up to the job
6
30/11/2020 10:29:10 15 0
bbc
The FCA deal with "real" businesses. The beginning of this article reads;

"Scammers have been cloning fund managers' websites, products and documents to steal almost £10m ($13.3m) from UK investors"

This suggests they are not real businesses & are, therefore, unlike to be found by the FCA, subject to investigations etc. It's not an FCA matter so you are correct they aren't up to the job.
3
30/11/2020 10:23:38 4 1
bbc
Many of these scammers are unregulated

Unfortunately, it sits in the "hard to investigate" category
7
30/11/2020 10:29:18 12 0
bbc
Surely all scammers are unregulated. Thats what makes them Scammers.
13
30/11/2020 10:50:47 0 0
bbc
Just what I thought!
111
30/11/2020 18:47:03 0 1
bbc
You plainly don't know about the solicitors who are used to endorse the scams and make them appear authentic

You would be amazed how many there have been over the years
112
30/11/2020 18:54:16 0 0
bbc
From today's Law Society Gazette:-

"Meanwhile solicitors are lending credibility to investment schemes that are proving to be a massive drain on the compensation fund. Such schemes have become more subtle than the diamond and carbon-credit frauds, and are more likely to involve property development that appears, on the surface, to be legitimate".
8
30/11/2020 10:31:01 18 12
bbc
It's totally wrong of people to take advantage of honest folk, effectively stealing their money to benefit themselves and their dodgy "business" mates.

Anyway, enough about this govt. Let's talk about other scammers/fraudsters.
77
30/11/2020 13:41:12 4 0
bbc
At least you get to boot out the Government ever few years, but scammers are like weeds. You cut one down & another 2 take their place
9
30/11/2020 10:33:41 7 2
bbc
The UK has some of the highest commission and fund management charges anywhere - fees that are often payable regardless of fund performance.

So, whilst my sympathy goes out to those affected by the £10m fraud - your average UK investor, pension saver etc. is getting ripped on a daily basis.

Why doesn't the Investment Association complain about that!
35
30/11/2020 11:46:42 3 2
bbc
Reason the charges are high is because our industry has to pay into the FSCS. Which pays out to numpties who fall for this type of poop. LC&F for example.
10
30/11/2020 10:34:43 2 0
bbc
the public are easily conned by these methods,we heard how people invested in a pension company thats now went bust,they were actually foreign owned but the realisation of making a quick profit is really alluring to many,scams are easy to spot but people cant believe their not legal,its the gullible that scammers go for their easy prey/
11
30/11/2020 10:46:14 27 1
bbc
If the investment returns seem too good to be true then they probably are.
12
30/11/2020 10:49:21 8 3
bbc
Yes. This advice has been around for decades. People, though, can still be blinded by greed and/or stupidity.
128
01/12/2020 15:46:09 0 0
bbc
...probably are. No, they are.
11
30/11/2020 10:46:14 27 1
bbc
If the investment returns seem too good to be true then they probably are.
12
30/11/2020 10:49:21 8 3
bbc
Yes. This advice has been around for decades. People, though, can still be blinded by greed and/or stupidity.
7
30/11/2020 10:29:18 12 0
bbc
Surely all scammers are unregulated. Thats what makes them Scammers.
13
30/11/2020 10:50:47 0 0
bbc
Just what I thought!
4
30/11/2020 10:24:31 2 0
bbc
I was scammed out of a considerable amount of money by a company called RENDEX TRADING LTD. If anybody else has been scammed by these basta&ds please reply to me. The National Fraud Investigation Bureau wouldn't investigate despite me providing them with much evidence (apparently my case didn't meet their criteria for investigation!!) but I can't be the only person scammed by RENDEX !
14
30/11/2020 10:54:22 1 0
bbc
Look on the 'net. There's a load of info..
15
jan
30/11/2020 10:54:26 23 0
bbc
I tell the caller that we do not do business on the phone, and ask them to put in writing so that we can look at it. Funny nothing ever turns up!
16
30/11/2020 10:54:49 5 1
bbc
People need to ask themselves is the return realistic or am I being greedy and going to get suckered ?

If someone offered you a car for half it's market value you'd be immediately suspicious so why does common sense go out of the window when people are offered fantastically inflated return on an investment ?

If you expect something for nothing, you'll get nothing.
90
30/11/2020 14:56:58 0 0
bbc
It is not quite that simple, the clever scams will just adjust the return to 'look so bad it must be honest'. Just like selling of goods charging a lot for rubbish saying it is quality. It is never so simple as buy the expensive item.

Even reputable companies, banks, have enter our prize draw as we pay no interest now. It is a scam just a different legal type. Gambling 'if' applied for, or zero.
17
30/11/2020 10:56:26 1 0
bbc
Noticed this year on FB, loads of spam/scam comments that you just didn't see before
18
30/11/2020 10:57:14 4 5
bbc
Anyone caught out should have to go on a mandatory training course about how to avoid being caught out. Proceeds from these scams go to criminal networks, so stupidity (or naïvity) is anti-social behaviour.

How many times do people need to be told "we will never ask you to move money" or "if it's too good to be true, it is a scam" or "don't click a link"?
25
30/11/2020 11:20:36 9 0
bbc
I knew a lady in here nineties that was scammed by two people at the door claiming to be from her bank. They said they needed to take her old credit cards securely, so that new ones could be sent out. How the hell is someone in their nineties supposed to know how to deal with scum like that? There are millions of vulnerable people that just don't understand what a scam is!
19
30/11/2020 10:53:02 35 0
bbc
They need to come down heavy on those found guilty of these scams (assuming they reside in the UK). A few public heavy fines, prison sentences, etc to set the tone and come down hard on those who exploit others honesty and good nature. They are scumbags.
21
30/11/2020 11:09:10 18 1
bbc
The problem is financial naivety, and short memories. Bernie Madoff, and Peter Clowes of Barlow Clowes were ultimately exposed, but not until many had lost their fortunes to their schemes. Education is the answer- and starting at school age.
68
30/11/2020 13:10:49 2 0
bbc
Have to go further, treat them as financial terrorists like the USA does/did Bin Laden.
20
30/11/2020 10:59:40 5 0
bbc
Stick to that 0.01% from your safe and friendly high street bank ?

I wonder with the collapse of returns on cash deposits how many folk have been pressed into other areas looking for a buck.....
19
30/11/2020 10:53:02 35 0
bbc
They need to come down heavy on those found guilty of these scams (assuming they reside in the UK). A few public heavy fines, prison sentences, etc to set the tone and come down hard on those who exploit others honesty and good nature. They are scumbags.
21
30/11/2020 11:09:10 18 1
bbc
The problem is financial naivety, and short memories. Bernie Madoff, and Peter Clowes of Barlow Clowes were ultimately exposed, but not until many had lost their fortunes to their schemes. Education is the answer- and starting at school age.
22
30/11/2020 11:14:16 6 0
bbc
I fully agree about education. There seems to be virtually no financial literacy teaching at school level. Not sure how much education would have caught out Madoff earlier mind you but that's a much more in depth question.

I worry about kids now as finances have become detached from reality. You don't see cash in your pocket, it's all app based shopping and easy credit.
59
30/11/2020 12:50:29 5 0
bbc
Maybe if Charles Dickens was still taught in schools more would know about the sage advice from Mr Micawber on the difference between happiness and misery...
119
30/11/2020 20:29:09 1 0
bbc
I think that it is wrong to blame financial naivety. That is only a small part of the problem. Criminals use very sophisticated and convincing websites to snare their victims. Many savers/investors are not financial investigators, capable of performing an in depth due diligence exercise before they part with their money.
21
30/11/2020 11:09:10 18 1
bbc
The problem is financial naivety, and short memories. Bernie Madoff, and Peter Clowes of Barlow Clowes were ultimately exposed, but not until many had lost their fortunes to their schemes. Education is the answer- and starting at school age.
22
30/11/2020 11:14:16 6 0
bbc
I fully agree about education. There seems to be virtually no financial literacy teaching at school level. Not sure how much education would have caught out Madoff earlier mind you but that's a much more in depth question.

I worry about kids now as finances have become detached from reality. You don't see cash in your pocket, it's all app based shopping and easy credit.
30
30/11/2020 11:26:19 3 2
bbc
How would the banks survive if people understood money!
23
30/11/2020 11:17:56 10 0
bbc
Latest scam, text message or email from a bank saying unusual activity on your bank account, account, asking you to confirm by clicking on a link.
26
30/11/2020 11:21:14 18 0
bbc
That's not the latest... it's be going on for years.
24
30/11/2020 11:19:19 4 0
bbc
The number of automated phone calls/emails from "Amazon" or "Paypal" have rocketed in the last six months too.
18
30/11/2020 10:57:14 4 5
bbc
Anyone caught out should have to go on a mandatory training course about how to avoid being caught out. Proceeds from these scams go to criminal networks, so stupidity (or naïvity) is anti-social behaviour.

How many times do people need to be told "we will never ask you to move money" or "if it's too good to be true, it is a scam" or "don't click a link"?
25
30/11/2020 11:20:36 9 0
bbc
I knew a lady in here nineties that was scammed by two people at the door claiming to be from her bank. They said they needed to take her old credit cards securely, so that new ones could be sent out. How the hell is someone in their nineties supposed to know how to deal with scum like that? There are millions of vulnerable people that just don't understand what a scam is!
36
30/11/2020 11:48:03 1 4
bbc
Then they shouldn't be allowed control over their own money if they're going to give it away to anyone that asks without a second thought. Power of Attorney exists for a reason - so that those unable to manage their own finances have some help to do it
23
30/11/2020 11:17:56 10 0
bbc
Latest scam, text message or email from a bank saying unusual activity on your bank account, account, asking you to confirm by clicking on a link.
26
30/11/2020 11:21:14 18 0
bbc
That's not the latest... it's be going on for years.
28
30/11/2020 11:23:21 0 2
bbc
Well I haven't had this one before.
27
30/11/2020 11:21:35 7 6
bbc
£140 per month for having my bin bag taken away.... local government is the biggest scam.
29
30/11/2020 11:24:07 0 6
bbc
Why not bury it or recycle it yourself then... or dump it in the woods?!
40
30/11/2020 11:54:41 4 1
bbc
£1680 a year JUST for your rubbish to be taken away?!
Is that just for rubbish collection or your entire council tax for all local government services for things like roads, pavements, street lighting etc.?
26
30/11/2020 11:21:14 18 0
bbc
That's not the latest... it's be going on for years.
28
30/11/2020 11:23:21 0 2
bbc
Well I haven't had this one before.
27
30/11/2020 11:21:35 7 6
bbc
£140 per month for having my bin bag taken away.... local government is the biggest scam.
29
30/11/2020 11:24:07 0 6
bbc
Why not bury it or recycle it yourself then... or dump it in the woods?!
22
30/11/2020 11:14:16 6 0
bbc
I fully agree about education. There seems to be virtually no financial literacy teaching at school level. Not sure how much education would have caught out Madoff earlier mind you but that's a much more in depth question.

I worry about kids now as finances have become detached from reality. You don't see cash in your pocket, it's all app based shopping and easy credit.
30
30/11/2020 11:26:19 3 2
bbc
How would the banks survive if people understood money!
31
30/11/2020 11:31:00 6 0
bbc
I've had loads of calls from all manner of scammers recently.

My favourite was:

Them: "Hello, this your bank (sic), there was unauthorised use of your card"
Me: "Which bank is that?"
Them: [Hangs up]

Sadly, some people do believe them.

Being serious, there should be a reporting portal; if a certain number (say 250) of complaints are made in a week, the owners get referred to the police.
33
30/11/2020 11:44:10 2 0
bbc
The phone numbers are normally spoofed.
53
30/11/2020 12:31:45 1 0
bbc
A bit pointless when those attempting the scam are resident in India/ Nigeria/ Spain/ USA/Russia.
31
30/11/2020 11:31:00 6 0
bbc
I've had loads of calls from all manner of scammers recently.

My favourite was:

Them: "Hello, this your bank (sic), there was unauthorised use of your card"
Me: "Which bank is that?"
Them: [Hangs up]

Sadly, some people do believe them.

Being serious, there should be a reporting portal; if a certain number (say 250) of complaints are made in a week, the owners get referred to the police.
31
30/11/2020 11:31:00 6 0
bbc
I've had loads of calls from all manner of scammers recently.

My favourite was:

Them: "Hello, this your bank (sic), there was unauthorised use of your card"
Me: "Which bank is that?"
Them: [Hangs up]

Sadly, some people do believe them.

Being serious, there should be a reporting portal; if a certain number (say 250) of complaints are made in a week, the owners get referred to the police.
33
30/11/2020 11:44:10 2 0
bbc
The phone numbers are normally spoofed.
34
30/11/2020 11:45:58 12 1
bbc
Some times though some people are so gullible.

For example I am going to fleece a Nigerian prince for millions and all I did was to send him a few thousand up front.
9
30/11/2020 10:33:41 7 2
bbc
The UK has some of the highest commission and fund management charges anywhere - fees that are often payable regardless of fund performance.

So, whilst my sympathy goes out to those affected by the £10m fraud - your average UK investor, pension saver etc. is getting ripped on a daily basis.

Why doesn't the Investment Association complain about that!
35
30/11/2020 11:46:42 3 2
bbc
Reason the charges are high is because our industry has to pay into the FSCS. Which pays out to numpties who fall for this type of poop. LC&F for example.
91
30/11/2020 15:03:21 0 0
bbc
Desperate people fall for it 'because' the finance industry top to bottom lives by cheating the customer. Starting right from the supposed advisor middle men creaming commissions, to scams pretending clever investment picking that rarely if ever let alone reliably beats the stock market averages. Connived at by the state rigging rates low. Fix high rates to savers force the pros to make the money.
25
30/11/2020 11:20:36 9 0
bbc
I knew a lady in here nineties that was scammed by two people at the door claiming to be from her bank. They said they needed to take her old credit cards securely, so that new ones could be sent out. How the hell is someone in their nineties supposed to know how to deal with scum like that? There are millions of vulnerable people that just don't understand what a scam is!
36
30/11/2020 11:48:03 1 4
bbc
Then they shouldn't be allowed control over their own money if they're going to give it away to anyone that asks without a second thought. Power of Attorney exists for a reason - so that those unable to manage their own finances have some help to do it
4
30/11/2020 10:24:31 2 0
bbc
I was scammed out of a considerable amount of money by a company called RENDEX TRADING LTD. If anybody else has been scammed by these basta&ds please reply to me. The National Fraud Investigation Bureau wouldn't investigate despite me providing them with much evidence (apparently my case didn't meet their criteria for investigation!!) but I can't be the only person scammed by RENDEX !
37
30/11/2020 11:50:53 1 0
bbc
If you check the FCA website, you will see that Gibraltar based firm is known to them. And both it and the Gibraltar Financial Services Commission (GFSC) warn about a website which is not the actual company, but been cloned by fraudsters.
https://www.fsc.gi/news/rendex-trading-limited-335
38
30/11/2020 11:51:18 2 8
bbc
The biggest recent scam has been the change from RPI to CPIH for defined benefit pension schemes. This took billions from future pensioners. The name of the person responsible was Sunik.
47
30/11/2020 12:16:08 11 1
bbc
The trust document for defined benefit schemes determines which inflation rate, if any, is used, not the Chancellor, but don't let that stop you spinning your conspiracy theory yarns.
49
30/11/2020 12:18:15 4 0
bbc
Not sure what pensions you mean. The civil service pensions and those allied to them went from RPI to CPI years ago, that certainly wasn't done by Sunik.

Actually, CPI began in the Blair era. This and Brown's pension tax raid probably triggered the erosion and decline of DB pension schemes.
39
30/11/2020 11:53:08 2 1
bbc
Geoff Brown, alias 'The Local Bore, You Can't Ignore,' writes: Even 'old fashioned' reformed criminals will condem these criminal vultures as being 'the lowest of the low. Preying on the vulnerable, they should be jailed and made to repay those whose lives they damage, with interest!
totaly unscrupulous scumbags , where do they get the job opportunity from
is there a dark job centre for criminals ?
Removed
27
30/11/2020 11:21:35 7 6
bbc
£140 per month for having my bin bag taken away.... local government is the biggest scam.
40
30/11/2020 11:54:41 4 1
bbc
£1680 a year JUST for your rubbish to be taken away?!
Is that just for rubbish collection or your entire council tax for all local government services for things like roads, pavements, street lighting etc.?
89
30/11/2020 14:48:22 0 1
bbc
For many people rubbish collection is often the only service they're receiving (at least knowingly).

Council tax is not the major source of funding for for roads either.

For many, the linkage between what is paid for (or not) and what is received in return (or rather isn't) is badly broken.
41
30/11/2020 11:55:58 9 0
bbc
scumbag fraudsters with no morals , are getting more and more prolific using phone or computer to try and ROB people of there hard earned, been lucky since sunday only two calls , a recorded message from amazon saying a large priced purchase has been attempted on my bank card and they have frozen the order . If this wasnt you please press 1 , i say bring back hanging and public flogging worldwide
39
30/11/2020 11:53:08 2 1
bbc
Geoff Brown, alias 'The Local Bore, You Can't Ignore,' writes: Even 'old fashioned' reformed criminals will condem these criminal vultures as being 'the lowest of the low. Preying on the vulnerable, they should be jailed and made to repay those whose lives they damage, with interest!
totaly unscrupulous scumbags , where do they get the job opportunity from
is there a dark job centre for criminals ?
Removed
43
30/11/2020 12:00:17 0 0
bbc
how is cyber police going to track down and find these cockroaches
117
30/11/2020 20:00:26 1 0
bbc
How are......
44
30/11/2020 12:01:24 5 1
bbc
When a voice. which could be any scumbag on the planet, phones up, tells you there's some horrible emergency and you MUST do things.

1. Don't assume they are who they say they are until you have checked via an independent means. (Not the same phone line as hanging up the receiving end does not disconnect).

2. Don't turn into a puppet and start doing what you are told.

How hard is that?
45
30/11/2020 12:09:58 8 0
bbc
Incidentally the phone lines not terminating when the receiver hangs up is arguably a bit of criminal irresponsibility by the phone companies.

Its so easy for the scammer to play a recorded dial tone and then continue the scam.

The default should be that calls end when either party hangs up. For the few people who want to 'transfer to extensions' it should be an explicit 'opt in'.
66
30/11/2020 13:07:06 4 0
bbc
Very very hard. Not everyone is as capable and aware as you are. It is not even only the older and the newness of the threats to them.

However it really should be easy when an aware individual reports a number or site as a scammer that the State should be able to close it immediately. And\or send in police or troops to where the money goes. 'Middle class' crime, fraud not gun toting needs action
85
30/11/2020 14:18:41 3 0
bbc
Very hard when you’re an elderly lady like my mother who was frightened half to death by a scam call from ‘Scotland Yard’. She was too scared to answer her own telephone for weeks afterwards.
44
30/11/2020 12:01:24 5 1
bbc
When a voice. which could be any scumbag on the planet, phones up, tells you there's some horrible emergency and you MUST do things.

1. Don't assume they are who they say they are until you have checked via an independent means. (Not the same phone line as hanging up the receiving end does not disconnect).

2. Don't turn into a puppet and start doing what you are told.

How hard is that?
45
30/11/2020 12:09:58 8 0
bbc
Incidentally the phone lines not terminating when the receiver hangs up is arguably a bit of criminal irresponsibility by the phone companies.

Its so easy for the scammer to play a recorded dial tone and then continue the scam.

The default should be that calls end when either party hangs up. For the few people who want to 'transfer to extensions' it should be an explicit 'opt in'.
46
30/11/2020 12:15:03 4 0
bbc
That 'scam' key on the options menu seems a bit of a giveaway. I wouldn't press it.
38
30/11/2020 11:51:18 2 8
bbc
The biggest recent scam has been the change from RPI to CPIH for defined benefit pension schemes. This took billions from future pensioners. The name of the person responsible was Sunik.
47
30/11/2020 12:16:08 11 1
bbc
The trust document for defined benefit schemes determines which inflation rate, if any, is used, not the Chancellor, but don't let that stop you spinning your conspiracy theory yarns.
79
30/11/2020 13:44:14 0 0
bbc
Fact Check. Sort of true but not 100 %. Many trust documents have lose definitions which are interpreted to mean "whatever the government uses". For example I think the Coal Miners' pension scheme explicitly stated RPI and that has continued. USS, i.e. Universities, used a less specific definition and that changed to CPI.
48
30/11/2020 12:17:20 13 1
bbc
Not surprised these scams are increasing. My own experience using Action Fraud was a joke. I had an HMRC fraud email and they wouldn't let me forward it to them. Instead they had me read out a 100 character email address and when I asked them to read it back to me there were mistakes in their recording of it. They seriously need new management and someone in charge who understands IT and the Web.
50
30/11/2020 12:29:02 20 4
bbc
On "scams", Sir Philip and Lady Green still refuse to pay back into the pension funds of their employees the £350M that they stole.
It's 4 years since they were ordered to pay this back. Why the delay?
Solution is very simple. American style justice.
"Pay the money by the end of this week, or your assets will be seized and you will both go to jail for 300 years."
It would be sorted, PDQ,
52
BOF
30/11/2020 12:30:56 2 0
bbc
I have always been able to forward such emails to the revenue phishing department. I used to get about one a month but recently none.
60
30/11/2020 12:54:29 2 0
bbc
and you think the scammers fraudsters dont know how stretched the hmrc are
97
30/11/2020 16:34:30 0 0
bbc
I had an HMRC phishing email over the weekend. Forwarded it to phishing@hmrc.gsi.gov.uk and got a standard acknowledgement early this morning that it was a scam. Try the email address I've given you...
38
30/11/2020 11:51:18 2 8
bbc
The biggest recent scam has been the change from RPI to CPIH for defined benefit pension schemes. This took billions from future pensioners. The name of the person responsible was Sunik.
49
30/11/2020 12:18:15 4 0
bbc
Not sure what pensions you mean. The civil service pensions and those allied to them went from RPI to CPI years ago, that certainly wasn't done by Sunik.

Actually, CPI began in the Blair era. This and Brown's pension tax raid probably triggered the erosion and decline of DB pension schemes.
80
30/11/2020 13:50:38 0 0
bbc
Fact Check. Public Sector Pensions were changed from RPI to CPI by Osborne , not Blair/Brown. Many, but not all, defined benefit pensions also changed to CPI at the same time since they described their increases as "being in line with public sector increases" in their trust documents.
48
30/11/2020 12:17:20 13 1
bbc
Not surprised these scams are increasing. My own experience using Action Fraud was a joke. I had an HMRC fraud email and they wouldn't let me forward it to them. Instead they had me read out a 100 character email address and when I asked them to read it back to me there were mistakes in their recording of it. They seriously need new management and someone in charge who understands IT and the Web.
50
30/11/2020 12:29:02 20 4
bbc
On "scams", Sir Philip and Lady Green still refuse to pay back into the pension funds of their employees the £350M that they stole.
It's 4 years since they were ordered to pay this back. Why the delay?
Solution is very simple. American style justice.
"Pay the money by the end of this week, or your assets will be seized and you will both go to jail for 300 years."
It would be sorted, PDQ,
103
30/11/2020 17:24:08 1 1
bbc
It seems that the more famous the scammer and the bigger the scam, the more likely they will get away with a punishment significantly less than the level of pain they inflict. Seize all assets, including those of spouses, impose prison sentences, and ban people from holding any business position for many years. We also must publicly shame those in high places who think they are above the law.
51
BOF
30/11/2020 12:29:18 4 0
bbc
Just had a very convincing email not from DPD saying I had missed a delivery and would I like to arrange a new one at a cost of £2
to be paid by card. I checked the email address which was a load of numbers ending “cprapid.com” which I googled. That identified the DPD site as being identical numbers but ending “prepaid.com”. I rang DPD and they confirmed it was a scam. Beware!
48
30/11/2020 12:17:20 13 1
bbc
Not surprised these scams are increasing. My own experience using Action Fraud was a joke. I had an HMRC fraud email and they wouldn't let me forward it to them. Instead they had me read out a 100 character email address and when I asked them to read it back to me there were mistakes in their recording of it. They seriously need new management and someone in charge who understands IT and the Web.
52
BOF
30/11/2020 12:30:56 2 0
bbc
I have always been able to forward such emails to the revenue phishing department. I used to get about one a month but recently none.
31
30/11/2020 11:31:00 6 0
bbc
I've had loads of calls from all manner of scammers recently.

My favourite was:

Them: "Hello, this your bank (sic), there was unauthorised use of your card"
Me: "Which bank is that?"
Them: [Hangs up]

Sadly, some people do believe them.

Being serious, there should be a reporting portal; if a certain number (say 250) of complaints are made in a week, the owners get referred to the police.
53
30/11/2020 12:31:45 1 0
bbc
A bit pointless when those attempting the scam are resident in India/ Nigeria/ Spain/ USA/Russia.
67
30/11/2020 13:10:24 2 0
bbc
W H O and U N all well and good but all major powers should unite for all the right reasons TO SMASH these cockroaches become a combined armed task force.
SHOW NO MERCY
54
30/11/2020 12:32:12 8 0
bbc
Why hasn't the BBC named the fake comparison sites?
57
30/11/2020 12:47:26 6 0
bbc
someone MAJOR has to step up on the plate and open up a easy access site naming the scumbags who scam or HACK others, i think this is so important as it seems to get worse and worse
1
MVP
30/11/2020 10:15:11 15 2
bbc
We need stronger regulators in the UK to deter these fraudsters.

Sadly I do not think that the FCA are up to the job
55
30/11/2020 12:32:37 2 0
bbc
Poor things struggle because it's so hard to tell the difference between sharp practises which are legal and scamming; made harder because previous colleagues are involved in the former.

Does anyone believe the banks had no idea PPI was rip-off or that payday lenders were trying to help customers get out of debt?
56
30/11/2020 12:33:07 14 2
bbc
Only two things are infinite: The universe and human stupidity, and I'm not sure about the former. Albert Einstein

If somebody is offering you something that is too good to be true it probably is.
73
30/11/2020 13:19:23 11 13
bbc
Yes, that lesser known Einstein law was also emphatically proved on 23rd June 2016 here and re-confirmed in December last year.....
54
30/11/2020 12:32:12 8 0
bbc
Why hasn't the BBC named the fake comparison sites?
57
30/11/2020 12:47:26 6 0
bbc
someone MAJOR has to step up on the plate and open up a easy access site naming the scumbags who scam or HACK others, i think this is so important as it seems to get worse and worse
58
30/11/2020 12:53:39 4 0
bbc
The technology exists to trace phone calls so why do we not use it. Telephone exchanges are basically computers and record all activity.
It's the privacy laws that work against us, telephone engineers have to get special permission to trace calls,good in one sense but bad in another.
"Everything" I do on my computer appears to be followed if I look at a certain web site i'm sure to get an email .
61
30/11/2020 12:56:27 4 0
bbc
i googled what i beleive was a scammers number, Outcome pradesh in india ,or slightly confusing, some where in Kent
21
30/11/2020 11:09:10 18 1
bbc
The problem is financial naivety, and short memories. Bernie Madoff, and Peter Clowes of Barlow Clowes were ultimately exposed, but not until many had lost their fortunes to their schemes. Education is the answer- and starting at school age.
59
30/11/2020 12:50:29 5 0
bbc
Maybe if Charles Dickens was still taught in schools more would know about the sage advice from Mr Micawber on the difference between happiness and misery...
75
30/11/2020 13:28:52 4 0
bbc
I’m afraid that that advice would be likely lost on many, but rather like the “ Take care of the pennies,....” , the lure of a sure fire win overcomes any caution and doubt they might otherwise have.
48
30/11/2020 12:17:20 13 1
bbc
Not surprised these scams are increasing. My own experience using Action Fraud was a joke. I had an HMRC fraud email and they wouldn't let me forward it to them. Instead they had me read out a 100 character email address and when I asked them to read it back to me there were mistakes in their recording of it. They seriously need new management and someone in charge who understands IT and the Web.
60
30/11/2020 12:54:29 2 0
bbc
and you think the scammers fraudsters dont know how stretched the hmrc are
58
30/11/2020 12:53:39 4 0
bbc
The technology exists to trace phone calls so why do we not use it. Telephone exchanges are basically computers and record all activity.
It's the privacy laws that work against us, telephone engineers have to get special permission to trace calls,good in one sense but bad in another.
"Everything" I do on my computer appears to be followed if I look at a certain web site i'm sure to get an email .
61
30/11/2020 12:56:27 4 0
bbc
i googled what i beleive was a scammers number, Outcome pradesh in india ,or slightly confusing, some where in Kent
62
30/11/2020 12:58:55 4 0
bbc
need to make a tv programme on bbc in prime time , HUNTING THESE COCKROACHES DOWN ,if it helps with investigation support ans production please put a pound on my next license fee
63
30/11/2020 13:01:27 4 1
bbc
This is the real 'war' threat to national security. The planned 'army' of cyber defence military spending increase should be targeting such scammers, and sending in the ground troops to deal with them finally more appropriately.

I do not get why the State can not home in on those responsible, take down their fake sites the day they are reported to them. MPs safe and secure PS pensions.
65
30/11/2020 13:05:01 2 0
bbc
hear hear
64
30/11/2020 13:04:21 7 3
bbc
Problem is all those rogues are protected by "human rights".
The honest abiding get less protection than the dishonest.
69
30/11/2020 13:13:30 8 5
bbc
Eh? How did you come to this genius conclusion?

For UK-based scammers there is just not enough police resource available (Tory cuts demonstrated yet again) to properly chase and resolve.

Struggle to see how human rights legislation would affect foreign-based scammers. Any suggestions?.....
63
30/11/2020 13:01:27 4 1
bbc
This is the real 'war' threat to national security. The planned 'army' of cyber defence military spending increase should be targeting such scammers, and sending in the ground troops to deal with them finally more appropriately.

I do not get why the State can not home in on those responsible, take down their fake sites the day they are reported to them. MPs safe and secure PS pensions.
65
30/11/2020 13:05:01 2 0
bbc
hear hear
44
30/11/2020 12:01:24 5 1
bbc
When a voice. which could be any scumbag on the planet, phones up, tells you there's some horrible emergency and you MUST do things.

1. Don't assume they are who they say they are until you have checked via an independent means. (Not the same phone line as hanging up the receiving end does not disconnect).

2. Don't turn into a puppet and start doing what you are told.

How hard is that?
66
30/11/2020 13:07:06 4 0
bbc
Very very hard. Not everyone is as capable and aware as you are. It is not even only the older and the newness of the threats to them.

However it really should be easy when an aware individual reports a number or site as a scammer that the State should be able to close it immediately. And\or send in police or troops to where the money goes. 'Middle class' crime, fraud not gun toting needs action
53
30/11/2020 12:31:45 1 0
bbc
A bit pointless when those attempting the scam are resident in India/ Nigeria/ Spain/ USA/Russia.
67
30/11/2020 13:10:24 2 0
bbc
W H O and U N all well and good but all major powers should unite for all the right reasons TO SMASH these cockroaches become a combined armed task force.
SHOW NO MERCY
19
30/11/2020 10:53:02 35 0
bbc
They need to come down heavy on those found guilty of these scams (assuming they reside in the UK). A few public heavy fines, prison sentences, etc to set the tone and come down hard on those who exploit others honesty and good nature. They are scumbags.
68
30/11/2020 13:10:49 2 0
bbc
Have to go further, treat them as financial terrorists like the USA does/did Bin Laden.
64
30/11/2020 13:04:21 7 3
bbc
Problem is all those rogues are protected by "human rights".
The honest abiding get less protection than the dishonest.
69
30/11/2020 13:13:30 8 5
bbc
Eh? How did you come to this genius conclusion?

For UK-based scammers there is just not enough police resource available (Tory cuts demonstrated yet again) to properly chase and resolve.

Struggle to see how human rights legislation would affect foreign-based scammers. Any suggestions?.....
82
30/11/2020 14:12:32 1 0
bbc
Countries that continually keep "scamming" should have there internet capabilities into this country restricted.
70
30/11/2020 13:15:27 8 3
bbc
Can you imagine walking down the high street and getting a hand on your shoulder "you looked in my shop window yesterday are you still interested ",but that is precisely what many well known computer shopping web sites are doing.
Stalking is a crime in the UK and web sites that trace and follow you is doing precisely that.
There has to be a way to stop it.
72
30/11/2020 13:18:59 4 2
bbc
SPOT ON
86
30/11/2020 14:37:23 2 0
bbc
Can you imaging being told "before you look in my shop window I'm going to put a tracking device in your pocket. You must give me your name and address and you must open an account with me. And lastly, give me feedback on my shop window before you look at it."
118
30/11/2020 20:09:14 0 0
bbc
....follow you are doing....
71
30/11/2020 13:18:29 5 1
bbc
GOOD POINT, MORE WORLDWIDE anti scamming education needed from senior schools up to the elderly who for no thought of their own are easier targets.
for the makle or female scammers bring back public flogging and the death sentence as funding a prisoner for reabillitation is expensive and not bullet proof. OTHERWISE THE SCAMMING WILL ONLY GET WORSE leaving a trail of innocent victims
101
30/11/2020 16:42:54 4 0
bbc
I have been advocating Personal Finance as a school subject for years instead of some of the irrelevant stuff we still teach
70
30/11/2020 13:15:27 8 3
bbc
Can you imagine walking down the high street and getting a hand on your shoulder "you looked in my shop window yesterday are you still interested ",but that is precisely what many well known computer shopping web sites are doing.
Stalking is a crime in the UK and web sites that trace and follow you is doing precisely that.
There has to be a way to stop it.
72
30/11/2020 13:18:59 4 2
bbc
SPOT ON
56
30/11/2020 12:33:07 14 2
bbc
Only two things are infinite: The universe and human stupidity, and I'm not sure about the former. Albert Einstein

If somebody is offering you something that is too good to be true it probably is.
73
30/11/2020 13:19:23 11 13
bbc
Yes, that lesser known Einstein law was also emphatically proved on 23rd June 2016 here and re-confirmed in December last year.....
Removed
74
30/11/2020 13:24:34 28 0
bbc
I had a call yesterday from a company in Middlesbrough about the minor road accident I was in 'recently'. The only road accident I've ever been in was in 2006. A very pleasant chap bumped into the back of my car at the lights. Slowly. It was sorted. Apparently it's not too late to sue him for the injuries I didn't sustain and haven't suffered from ever since. No less of a scam than anything else.
110
30/11/2020 18:31:20 3 0
bbc
I have had several of these calls recently from what was clearly the same organisation. I did try to track down these scammers but had no luck even though clearly English. they know how to hide their tracks. I did discover that the phone numbers can be referred to Action Fraud and the ICO. I also discovered a function on my phone which blocks unknown callers. And I have now registered with the TPS
59
30/11/2020 12:50:29 5 0
bbc
Maybe if Charles Dickens was still taught in schools more would know about the sage advice from Mr Micawber on the difference between happiness and misery...
75
30/11/2020 13:28:52 4 0
bbc
I’m afraid that that advice would be likely lost on many, but rather like the “ Take care of the pennies,....” , the lure of a sure fire win overcomes any caution and doubt they might otherwise have.
76
30/11/2020 13:31:12 6 4
bbc
Too many stupid people who don’t do simple checks and then expect the banks ( and the rest of us) to reimburse.
78
30/11/2020 13:41:17 12 0
bbc
But banks should be able to trace and track every transaction,so no one can get away with stealing.
8
30/11/2020 10:31:01 18 12
bbc
It's totally wrong of people to take advantage of honest folk, effectively stealing their money to benefit themselves and their dodgy "business" mates.

Anyway, enough about this govt. Let's talk about other scammers/fraudsters.
77
30/11/2020 13:41:12 4 0
bbc
At least you get to boot out the Government ever few years, but scammers are like weeds. You cut one down & another 2 take their place
106
30/11/2020 17:47:40 1 1
bbc
At least a scammer can only steal from those alive today. And can't steal on same scale.

How many billions will the government have stolen from us - and many future generations of taxpayer- before next election?
76
30/11/2020 13:31:12 6 4
bbc
Too many stupid people who don’t do simple checks and then expect the banks ( and the rest of us) to reimburse.
78
30/11/2020 13:41:17 12 0
bbc
But banks should be able to trace and track every transaction,so no one can get away with stealing.
81
30/11/2020 13:56:13 4 0
bbc
The banks could definitely do more. How do fraudsters manage to open accounts so easily?
47
30/11/2020 12:16:08 11 1
bbc
The trust document for defined benefit schemes determines which inflation rate, if any, is used, not the Chancellor, but don't let that stop you spinning your conspiracy theory yarns.
79
30/11/2020 13:44:14 0 0
bbc
Fact Check. Sort of true but not 100 %. Many trust documents have lose definitions which are interpreted to mean "whatever the government uses". For example I think the Coal Miners' pension scheme explicitly stated RPI and that has continued. USS, i.e. Universities, used a less specific definition and that changed to CPI.
49
30/11/2020 12:18:15 4 0
bbc
Not sure what pensions you mean. The civil service pensions and those allied to them went from RPI to CPI years ago, that certainly wasn't done by Sunik.

Actually, CPI began in the Blair era. This and Brown's pension tax raid probably triggered the erosion and decline of DB pension schemes.
80
30/11/2020 13:50:38 0 0
bbc
Fact Check. Public Sector Pensions were changed from RPI to CPI by Osborne , not Blair/Brown. Many, but not all, defined benefit pensions also changed to CPI at the same time since they described their increases as "being in line with public sector increases" in their trust documents.
87
30/11/2020 14:37:36 0 0
bbc
I was refuting that Sunik made the change (to PS Pensions & those allied to them), not claiming that Blair/Brown did.

It was factual, although I agree, the way I've worded it may have (wrongly) implicated them for more damage than they'd actually done. They certainly did enough harm even without that, they & governments since have been using CPI or RPI selectively in a disingenuous way.
78
30/11/2020 13:41:17 12 0
bbc
But banks should be able to trace and track every transaction,so no one can get away with stealing.
81
30/11/2020 13:56:13 4 0
bbc
The banks could definitely do more. How do fraudsters manage to open accounts so easily?
83
30/11/2020 14:14:00 2 1
bbc
Many frauds are committed by legitimate customers, who are then coerced and paid by scammers to transfer funds around. By the time the victim has realised it’s a scam, the funds have been transferred many times and/or withdrawn in cash. Many transfers go overseas. Sounds a lot more simple than it is.
94
30/11/2020 15:28:51 1 0
bbc
Agreed. If I want to open a bank account I am expected to grovel, show identity and a utility bill in my name. How come these crooks seem to get away with it so easily? Maybe they all work for the banks?

Get Inspector Clouseau to start looking there.
100
30/11/2020 16:41:32 0 0
bbc
The same way as you and I
69
30/11/2020 13:13:30 8 5
bbc
Eh? How did you come to this genius conclusion?

For UK-based scammers there is just not enough police resource available (Tory cuts demonstrated yet again) to properly chase and resolve.

Struggle to see how human rights legislation would affect foreign-based scammers. Any suggestions?.....
82
30/11/2020 14:12:32 1 0
bbc
Countries that continually keep "scamming" should have there internet capabilities into this country restricted.
84
30/11/2020 14:16:15 0 3
bbc
Wow! Really?

Why don't we just nuke them?....
81
30/11/2020 13:56:13 4 0
bbc
The banks could definitely do more. How do fraudsters manage to open accounts so easily?
83
30/11/2020 14:14:00 2 1
bbc
Many frauds are committed by legitimate customers, who are then coerced and paid by scammers to transfer funds around. By the time the victim has realised it’s a scam, the funds have been transferred many times and/or withdrawn in cash. Many transfers go overseas. Sounds a lot more simple than it is.
82
30/11/2020 14:12:32 1 0
bbc
Countries that continually keep "scamming" should have there internet capabilities into this country restricted.
84
30/11/2020 14:16:15 0 3
bbc
Wow! Really?

Why don't we just nuke them?....
127
01/12/2020 13:16:54 0 0
bbc
Wow! Reall
44
30/11/2020 12:01:24 5 1
bbc
When a voice. which could be any scumbag on the planet, phones up, tells you there's some horrible emergency and you MUST do things.

1. Don't assume they are who they say they are until you have checked via an independent means. (Not the same phone line as hanging up the receiving end does not disconnect).

2. Don't turn into a puppet and start doing what you are told.

How hard is that?
85
30/11/2020 14:18:41 3 0
bbc
Very hard when you’re an elderly lady like my mother who was frightened half to death by a scam call from ‘Scotland Yard’. She was too scared to answer her own telephone for weeks afterwards.
95
30/11/2020 16:13:10 2 0
bbc
I agree it can be traumatizing. If you can get you mother to understand that 99% of cold callers are lying maybe she won't be so worried about offending someone 'important'.

Maybe even print out my two rule (with less sarcasm) and put next to her phone so she remembers.

Also most scammers are offshore. So, short of blocking constantly changing international numbers, no 'nanny' can stop them.
70
30/11/2020 13:15:27 8 3
bbc
Can you imagine walking down the high street and getting a hand on your shoulder "you looked in my shop window yesterday are you still interested ",but that is precisely what many well known computer shopping web sites are doing.
Stalking is a crime in the UK and web sites that trace and follow you is doing precisely that.
There has to be a way to stop it.
86
30/11/2020 14:37:23 2 0
bbc
Can you imaging being told "before you look in my shop window I'm going to put a tracking device in your pocket. You must give me your name and address and you must open an account with me. And lastly, give me feedback on my shop window before you look at it."
80
30/11/2020 13:50:38 0 0
bbc
Fact Check. Public Sector Pensions were changed from RPI to CPI by Osborne , not Blair/Brown. Many, but not all, defined benefit pensions also changed to CPI at the same time since they described their increases as "being in line with public sector increases" in their trust documents.
87
30/11/2020 14:37:36 0 0
bbc
I was refuting that Sunik made the change (to PS Pensions & those allied to them), not claiming that Blair/Brown did.

It was factual, although I agree, the way I've worded it may have (wrongly) implicated them for more damage than they'd actually done. They certainly did enough harm even without that, they & governments since have been using CPI or RPI selectively in a disingenuous way.
88
30/11/2020 14:45:42 10 0
bbc
Something for Ms Patel to get under control! Stop these scam companies from starting up in the first place.
40
30/11/2020 11:54:41 4 1
bbc
£1680 a year JUST for your rubbish to be taken away?!
Is that just for rubbish collection or your entire council tax for all local government services for things like roads, pavements, street lighting etc.?
89
30/11/2020 14:48:22 0 1
bbc
For many people rubbish collection is often the only service they're receiving (at least knowingly).

Council tax is not the major source of funding for for roads either.

For many, the linkage between what is paid for (or not) and what is received in return (or rather isn't) is badly broken.
16
30/11/2020 10:54:49 5 1
bbc
People need to ask themselves is the return realistic or am I being greedy and going to get suckered ?

If someone offered you a car for half it's market value you'd be immediately suspicious so why does common sense go out of the window when people are offered fantastically inflated return on an investment ?

If you expect something for nothing, you'll get nothing.
90
30/11/2020 14:56:58 0 0
bbc
It is not quite that simple, the clever scams will just adjust the return to 'look so bad it must be honest'. Just like selling of goods charging a lot for rubbish saying it is quality. It is never so simple as buy the expensive item.

Even reputable companies, banks, have enter our prize draw as we pay no interest now. It is a scam just a different legal type. Gambling 'if' applied for, or zero.
35
30/11/2020 11:46:42 3 2
bbc
Reason the charges are high is because our industry has to pay into the FSCS. Which pays out to numpties who fall for this type of poop. LC&F for example.
91
30/11/2020 15:03:21 0 0
bbc
Desperate people fall for it 'because' the finance industry top to bottom lives by cheating the customer. Starting right from the supposed advisor middle men creaming commissions, to scams pretending clever investment picking that rarely if ever let alone reliably beats the stock market averages. Connived at by the state rigging rates low. Fix high rates to savers force the pros to make the money.
92
30/11/2020 15:16:55 5 0
bbc
Take a look at the story - London and Capital Finance
This took place in 2019 in the so called regulated market
Scandalous
93
30/11/2020 15:24:34 5 1
bbc
`Preying on people when they are at their most vulnerable really shows how low these criminals will stoop to make a profit for themselves.'

Wow! Who would have thought that criminals were dishonest low-lifes!
81
30/11/2020 13:56:13 4 0
bbc
The banks could definitely do more. How do fraudsters manage to open accounts so easily?
94
30/11/2020 15:28:51 1 0
bbc
Agreed. If I want to open a bank account I am expected to grovel, show identity and a utility bill in my name. How come these crooks seem to get away with it so easily? Maybe they all work for the banks?

Get Inspector Clouseau to start looking there.
85
30/11/2020 14:18:41 3 0
bbc
Very hard when you’re an elderly lady like my mother who was frightened half to death by a scam call from ‘Scotland Yard’. She was too scared to answer her own telephone for weeks afterwards.
95
30/11/2020 16:13:10 2 0
bbc
I agree it can be traumatizing. If you can get you mother to understand that 99% of cold callers are lying maybe she won't be so worried about offending someone 'important'.

Maybe even print out my two rule (with less sarcasm) and put next to her phone so she remembers.

Also most scammers are offshore. So, short of blocking constantly changing international numbers, no 'nanny' can stop them.
96
30/11/2020 16:22:47 6 1
bbc
More to the point where are the banks in all this ? A scammer needs a compliant bank. Surely the banks now have the wherewithal to spot a dodgy account application. Apparently not as £657 million has been removed probably from one honest bank account to a fraudsters.
99
30/11/2020 16:40:49 4 0
bbc
The banks are being mugged by criminals who have already managed to prise passwords etc out of people prior to them scamming. Banks systems are good but criminals always find a way around. Its like drug dealers. One door closes, another opens.
48
30/11/2020 12:17:20 13 1
bbc
Not surprised these scams are increasing. My own experience using Action Fraud was a joke. I had an HMRC fraud email and they wouldn't let me forward it to them. Instead they had me read out a 100 character email address and when I asked them to read it back to me there were mistakes in their recording of it. They seriously need new management and someone in charge who understands IT and the Web.
97
30/11/2020 16:34:30 0 0
bbc
I had an HMRC phishing email over the weekend. Forwarded it to phishing@hmrc.gsi.gov.uk and got a standard acknowledgement early this morning that it was a scam. Try the email address I've given you...
98
30/11/2020 16:39:31 7 0
bbc
Advice: Be cynical and don't trust anyone. Check your bank account regularly. I once had three unauthorised transactions within a few days on my credit card. Fortunately I checked and was refunded. The (real) bank's fraud dept said scammers don't even need access to your credit card to take your money. Be cynical, check regularly, trust no-one.
96
30/11/2020 16:22:47 6 1
bbc
More to the point where are the banks in all this ? A scammer needs a compliant bank. Surely the banks now have the wherewithal to spot a dodgy account application. Apparently not as £657 million has been removed probably from one honest bank account to a fraudsters.
99
30/11/2020 16:40:49 4 0
bbc
The banks are being mugged by criminals who have already managed to prise passwords etc out of people prior to them scamming. Banks systems are good but criminals always find a way around. Its like drug dealers. One door closes, another opens.
105
30/11/2020 17:47:10 0 1
bbc
"The banks are being mugged by criminals..."

There's no honour among thieves then.
81
30/11/2020 13:56:13 4 0
bbc
The banks could definitely do more. How do fraudsters manage to open accounts so easily?
100
30/11/2020 16:41:32 0 0
bbc
The same way as you and I