Don't get sucked in by the savings scammers: Investment fraud is the most costly con of all
In the UK financial year ending April 2021, fraudsters trousered a shocking £535 million from investment cons, making them the most costly of all scams.
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In the UK financial year ending April 2021, fraudsters trousered a shocking £535 million from investment cons, making them the most costly of all scams.
Lenders including HSBC are also blaming internet giants such as Google, Facebook and Microsoft for hosting swathes of scam adverts on their sites, which lure in unsuspecting customers.
A website operating as 'Marcus by Goldman Sachs' popped up in recent weeks, virtually indistinguishable from the genuine site, which launched in the UK less than three years ago.
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Social media giants 'not serious about online fraud' after snubbing crunch meeting Firms 'ignoring fraud' despite Government attempts to engage with industry 12 May 2021 • 12:00pm Social media firms and internet giants have been accused of failing to take online scams seriously after snubbing ministers and sending lobbyists to a high-level meeting. The criticisms have come as the Government finalised plans last night for new laws to protect consumers online. Consumer losses to fraud are on the rise according to Action Fraud, a government agency. Some 85pc of all fraud features an online ...