The family of an 83 year old man have appealed for help, after he lost his life savings in a phone scam. He was conned into transferring £60,000 from his highstreet bank to accounts belonging to the fraudsters. His family spoke with the BBC this week, to help highlight how easy it […]
A dad from Scotland, no longer has any money left to buy his two children Christmas gifts after scammers stole his life savings from his bank account.
The 31 year old oil rig worker was targeted by scammers claiming to be staff from his bank. Rhys was the victim of a convincing number […]
Two companies, which made nearly 1.73 million direct marketing phone calls to people who registered on the telephone preference service, have been fined by the Information and Commissioners Office. DM Design Bedrooms Ltd, based in Glasgow, has been fined £160,000 for making more than 1.6 million cold-calls and Solartech North East Ltd, […]
A real estate company in the US is warning consumers and real estate brokers about a spurt of recent timeshare scams. The scammers are cold-calling timeshare owners claiming to be from a legitimate real estate agency and offering timeshare sales and exit services for timeshares owners.
The scammers have been falsely representing themselves […]
Imagine your loved ones were scammed out of everything they had worked their whole lives for
That’s exactly what happened to one family whose elderly parents were conned by someone they trusted. Syed Bukhari pretended to be ‘Gerry’ from the bank and went on to steal more than £350,000 of their lifesavings including […]
The Financial Conduct Authority and The Pensions Regulator have issued a statement, to warn the public to be vigilant when receiving cold-calls, regarding pension investments.
The warning comes after 253 victims contacted Action Fraud to report pension investment fraud. This resulted in more than £23 million lost to pension scammers in 2017 alone. […]
A man has been sentenced to 13 years in prison, after he was found guilty of conspiring to con dozens of investors out of millions of pounds. Michael Nascimento, ran a call centre where investors were offered shares in fraudulent companies. But instead, the court heard, how he spent some of the […]
Five men have been jailed for a total of nearly 18 years, following a criminal prosecution by the Financial Conduct Authority. They have been found guilty of scamming more than 170 victims out of £2.8 million, in a complex boiler room scam.
The judge said “Some victims lost everything they had” and “their […]
A recent increase in cases of Timeshare owners being targeted for further exploitation has prompted Action Fraud to warn owners to be on the lookout. Scammers are actively seeking out Timeshare owners who may be vulnerable or previously mis-sold their Timeshares and telling them they are owed compensation. The scammers pose as […]
AMS Marketing LTD, based in East Sussex, made 75,649 calls to people who had registered their telephone numbers on the Telephone Preference Service (TPS).
The ICO and TPS received a total of 103 complaints about the unsolicited calls between the dates of 1 October 2016 and 31 December 2017.
It is against the law […]
You are able to pursue a claim yourself to the Financial Ombudsman Service without incurring a fee
