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#913110 - 2nd Dec 2014 10:27am Phone scammers 'net 23.9m in a year'
Mark Online   Reading


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Registered: 9th Nov 2003
Posts: 20959
Loc: Wirral
The amount of money lost to phone scammers has tripled in a year, prompting a major awareness campaign.

An estimated 23.9m has been tricked out of unsuspecting victims in the last year, up from 7m the previous year, according to Financial Fraud Action.

The group, which runs fraud prevention action for the financial services industry, said research suggested 58% of people had received suspect calls.

This was up from 41% in a similar study carried out last summer.

The main trick involves a con artist deceiving victims into believing they are calling from the police, a bank or a computer company.

They suggest that the individual has been the victim of fraud and ask for personal financial information - such as card details or a Pin code - to access their account.

Some ask victims to transfer money, to withdraw cash from a branch, or to hand over a bank card to a courier.

Advice to consumers includes:

Being wary of cold calling, especially if the caller suggests you call back
Banks and the police never ask for personal banking details, or request that individuals withdraw or transfer money
If suspicious of a call, hang up, wait five minutes or preferably use a different phone line to report the fraud
Adverts are appearing across the UK to warn people of these scams. All the major UK banks, building societies, card companies and chief police officers have also signed a declaration aiming to highlight the warning signs of phone scams.

Source : http://www.bbc.co.uk/news/business-30279582
Have you lost money to a Phone Scam
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#913137 - 2nd Dec 2014 2:10pm Re: Phone scammers 'net 23.9m in a year' [Re: Mark]
Gibbo Offline
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Registered: 27th Dec 2010
Posts: 1702
Loc: Oxton
BT were supposedly have changed the hang-up line clearing time:

http://www.ispreview.co.uk/index.php/201...fraudsters.html

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