Results 1 to 4 of 4

Thread: financial SCAMS

  1. #1

    financial SCAMS



    Britons fleeced by fake taxman: The ruthless swindlers who are terrorising 10,000 UK residents a day from a call centre in India threatening them with prison.




    The conmen behind a scam robbing taxpayers of millions of pounds can be exposed by the Daily Mail today. Working from a ramshackle office in India, they pose as HMRC officials to terrorise up to 10,000 Britons a day. Victims are told they owe tax and face arrest and imprisonment if they do not pay up instantly. Some have lost as much as £20,000.



    Conmen working in an office in Ahmedabad, India pose as HMRC officials and tell Britons they owe tax and face arrest and imprisonment if they do not pay up immediately. Pictured is Samkit Jain who spoke to an elderly gentlemen over the phone and said: 'Sir, we just wanted to know if you received the yellow slip regarding your case? Your case for tax fraud'



    HMRC staff dealt with 330 repayment fraud cases a day in the six months to January – 60,000 in all and 360% up on the previous half-year. Not all the victims will have come forward. The fraudsters boasted they did not fear being tracked down by British authorities. But the Mail has passed details of the Ahmedabad-based gang to Indian police who have pledged action.


    HMRC investigators have also asked to see our evidence. Our investigation also revealed that:


    • Indian scam call centres are involved in more than one in ten reported frauds in the UK;




    • Men using just laptops and the BT phonebook are making hundreds of thousands of pounds a year from UK victims;




    • Many are tricked into making multiple bank payments after being told the original transfer did not go through;




    • The gang buys British phone numbers – even copying the HMRC phone number – to make the scam appear genuine;




    • Fraudsters operating overseas request payments into British bank accounts including NatWest to make them appear authentic.





    Mohid Trivedi (left), the call centre’s office manager, said: ‘We have to let the caller get some rest. We say: “Drink some water, don’t be so scared.” We say: “We have put your payment on hold. Once your payment has been made it will be resolved, so don’t worry.” It’s all about psychology’




    The revelations come in the wake of Money Mail’s Stop the Bank Scammers campaign, which is calling for action against a fraud epidemic costing families £1million a day. Our team infiltrated the 18-strong gang at its fake call centre in the northern Indian city of Ahmedabad. The scammers select targets randomly from the BT online phone directory and call them posing as HMRC officials. Following a script, they warn about impending court proceedings for unpaid tax and demand immediate payment. One fraudster said: ‘We threaten them. Once they feel the fear they’re gonna pay.’ Victims told the Mail of the huge financial and emotional toll of losing up to £20,000.





    Sandeep Soni is known as a 'closer'. While he was on the phone with a British man he said: ‘I’m a lawyer for the HMRC fraud division, my name is Dave Smith, badge ID 100581. Let me tell you, this call is being recorded and monitored so right now you are not able to disconnect the phone call. If you disconnect the phone call, unfortunately we have to start the legal procedures by contacting the authorities, OK?'


    Other gangs operating from Ahmedabad use similar scams to target American and Australian victims. The FBI has sent agents to tackle the issue but Indian police said they had had no contact with the British authorities. Charlie Elphicke, a Tory member of the Commons Treasury committee, said: ‘Scammers should not be allowed to get away with fleecing hard-working British citizens. ‘Phone fraud often targets the most vulnerable people, leaving them out of pocket and extremely distressed. This country has access to the most sophisticated police expertise and technology. We should be using it to crack down on anyone committing these cowardly crimes – no matter what corner of the world they are operating from.’
    Labour MP John Mann, who also sits on the committee, said: ‘It’s a very big problem which the Foreign Office should be taking action on. ‘India sells lots of goods to us. Ministers and embassies should be pushing the Indian authorities to clamp down on the fraudsters.’




    Baroness Altmann, a former pensions minister, said her mother, who is in her 80s, was petrified after the gang called to say they would be sending officers to arrest her. The British police and Government should definitely be doing their utmost to prevent these gangs from accessing the private phone numbers of British citizens,’ she said. ‘It is really frightening that vulnerable elderly people can receive such phone calls, purporting to come from the authorities, which frighten them into transferring thousands of pounds to thieves without realising they are being scammed. It would make a huge difference if the scammers were stopped from using bogus UK phone numbers and the telecoms industry and the Government should introduce measures to prevent people from being able to hide their genuine identity.’


    Action Fraud, the national fraud and cyber reporting centre, said around half the cases it dealt with came from abroad and at least 10% involved India.



    One of the offices the scam artists operate out of is on this street - Ashram Road in district of Ahmedabad above the Panasonic shop



    As well as unpaid tax, the scams included computer software service fraud and calls concerning loans and PPI refunds.

    Many of the calls are made to appear to originate from the United Kingdom, with a British phone number often being displayed on the victim’s home or mobile phone. A spokesman for HMRC said: ‘We became aware of phone scams using the threat of HMRC action escalating during 2018, with a significant increase to over 4,000 reports a month from July 2018. In the 12 months to February 2019 we received 73,382 reports of suspicious HMRC phone calls, and from that reported over 400 unique numbers to carriers to have the number removed from use. ‘HMRC only call individuals for payment of a debt they are already aware of. Our advice is that if you are in any doubt about an incoming call, end the conversation and contact HMRC online or use Action Fraud.’
    City of London Police, which specialises in fraud and cyber crime, said the international nature of crime made it difficult to trace payments and suspects. ‘Suspects that have been involved in call centres of this nature can often move on very quickly,’ said a spokesman.





    Inside a dirt-grey block in the Indian city of Ahmedabad, a cheery young man wearing a headset places a call to a pensioner in north London.
    ‘Sir, this is Matthew and I’m calling you from HMRC. How are you doing today?’
    The elderly gentleman replies politely before call centre ‘worker’ Samkit Jain gets straight to business. ‘Sir, we just wanted to know if you received the yellow slip regarding your case? Your case for tax fraud.’


    It is 4,250 miles from this northern Indian city, where Mahatma Gandhi led his peaceful campaign for independence, to the leafy suburbs of London. Yet the panicked shrieks of Jain’s elderly, vulnerable victim rang out as if he were in the room next door. Desperately, the pensioner pleaded with Jain to contact the accountant who dealt with his tax affairs. As the call concluded, the fraudster gave a satisfied smile. ‘Yeah, he was scared,’ Jain said.


    This is the modern face of call centre crime: An almost untraceable network of Indian gangsters preying on tens of thousands of British victims a day using only a laptop, a headset and the BT phonebook. It is hardly sophisticated, but deadly effective. I became the first journalist to infiltrate these booming, illicit businesses, and discovered the astonishing riches being brazenly plundered from British taxpayers. Posing as a businessman interested in forging a partnership with the criminals, I met a gang of young men at the forefront of a banking fraud crimewave that has left the authorities scrambling to act. My cover story was that I had access to financial information regarding potential British victims which I could provide the gang, but first I wanted to see how the scam worked. Outwardly charming and polite, the fraudsters imitate the officers of Her Majesty’s Revenue and Customs using accents learned from Hollywood movies. By targeting up to 10,000 British people a day, telling them they face arrest for failing to pay enough tax, the 18 scammers share spoils of over £1million a year: Every penny of it stolen from terrified British taxpayers.


    As one of the cynical fraudsters boasted to me with a broad grin: ‘We threaten them. Once they feel the fear, they’re gonna pay.’ The men I spoke to said they usually have about five ‘hits’ a night, making an average of £5,000 – but sometimes far more. They boasted of colleagues who made £200,000 in a single day from one unfortunate victim. With returns this high, should we be surprised that one in ten of all British fraud cases now originate in India?


    The gang at the forefront of this frightening new goldrush had a deceptively simple set-up. They gathered in a bare room overlooking a bustling road, with laptops open on plain wooden tables.





    Sandeep Soni estimates that the outfit target about 10,000 Britons a day with an automated message informing them there is a case against them for non-payment of tax, telling the victim they must call back to discuss it

    A muscle-bound graduate named Krishna Borah appeared to be the gang’s de facto boss. Borrowing corporate language, he introduced me to one of his star performers: A ‘closer’ called Sandeep Soni whose job is to extract cash from customers – as they euphemistically call their victims. Dressed in electric blue trainers, denim jeans and an open-neck checked shirt, a multi-coloured macrame bracelet round his wrist, Soni welcomed me with an enthusiastic handshake, saying: ‘Good to see you, man.’ Proudly, he took me through the details of the scam. On average, he said, they target 10,000 Britons a day with an automated message informing them there is a case against them for non-payment of tax, telling the victim they must call back to discuss it. Soni then scrolled through potential victims in London on his laptop, the familiar BT logo popping up at the top of the screen. ‘It’s the British phone book,’ his fellow closer, Samkit Jain, explained. ‘We randomly select any surnames or first names and then just call them.’ Calls are made from the computer, and Jain showed me how they use software to make it appear they are calling from the UK. On the day I visited, they had stolen a genuine HMRC number to show up as their caller ID. ‘You can simply Google the number,’ Jain explained when I asked how he had got it. ‘Whatever you wanna display. I can even display your number.’





    Jonathan and Faye Fairy, both 44, lost almost £10,000 after they were scammed. A week before being targeted, Mr Fairy had called HMRC to discuss money he needed to repay for child benefit, and was told he would receive a call or letter stating the final amount owed within a week


    For the demonstration, they decided to cold call victims directly to show how easily they can be intimidated. Soni plugged in his headset and called a number in Pimlico, central London. When a man answered, he instantly switched from his heavily accented English to a Western intonation and said: ‘I’m a lawyer for the HMRC fraud division, my name is Dave Smith, badge ID 100581. Let me tell you, this call is being recorded and monitored so right now you are not able to disconnect the phone call.‘If you disconnect the phone call, unfortunately we have to start the legal procedures by contacting the authorities, OK?’ As the call continued, Soni read from a five-page script on the laptop in front of him, which contained answers to any questions the victim might have. The script also carries details of threats to make. For example, they tell the victim that they face charges for unpaid tax worth over £8,000, but that this could rise to over £70,000 with court costs. The script also warns that the victim’s bank account, pension and other finances will be frozen. It even goes into significant detail about how ‘non-compliance’ will lead to prosecution for violation of tax regulations. The gang admit that they don’t know what the genuine British laws are. But no-one listening to Soni would have realised this, as he calmly but firmly asserted his fabricated authority over the unfortunate man on the phone.


    When the victim challenged him, he barked back: ‘Can I have your lawyer’s information? You do have a lawyer right?’ As he was talking, Jain explained: ‘We have to keep confusing people, making them believe that this is the real thing. That’s the important part.’ This is why people hand over their money. These men catch their victims at vulnerable moments and are highly convincing, even taking their victims to the HMRC website during the call to help establish their credibility. Soni said the key to ‘success’ was to get the victim to plead to be allowed to ‘pay back’ the non-existent debt. ‘We don’t tell the people that we are asking for money,’ he explained. ‘We just threaten them with legal procedures… Once they feel the fear they pay directly from their side. They’re going to tell us from their side that “I want to pay and I want to resolve this.”’




    Gang members said the best targets were those aged over 40, and ideally ‘old and rich’. Soni said: ‘Older people say: “What’s wrong with me? What’s wrong with my information? Why did the government call me?”’


    In a further cynical twist, they often prey on elderly Asian immigrants with poor English – and then offer to provide a translator to talk them through what they need to do to ‘repay’ the money. New immigrants are an easy target, as they are often less aware of how the British tax system works. The gang threatens them with deportation if they refuse to pay. Victims are made to pay using their online bank account, and those without online banking are instructed to put cash directly into a deposit box.


    Mohid Trivedi, the call centre’s office manager, explained that after terrorising victims into agreeing to pay, they sometimes have to calm them down to ensure they have received the cash. He explained: ‘We have to let the caller get some rest. We say: “Drink some water, don’t be so scared.” We say: “We have put your payment on hold. Once your payment has been made it will be resolved, so don’t worry.” It’s all about psychology.’ The utter fear that the scammers drive into the hearts of their victims is clear. Trivedi added of the victims’ desperation: ‘Some customers have sold cars and things like that to pay... they panic.’


    The closers’ fake accents had an American twang, and on occasion the diction slipped as they said ‘attorney’ rather than solicitor. This, it turned out, was because, despite speaking to and cruelly tricking thousands of Britons every day, none of these call centre fraudsters had ever been to the UK. Astonishingly, they learnt their patter from watching Hollywood films. ‘It was Bride Wars or something like that,’ explained Jain.


    Ahmedabad has previously been identified as the nerve centre of an ‘enormous and complex’ Indian call centre fraud which used fake tax debts to fleece around 15,000 US citizens. That ring was finally smashed after the US Justice Department, working with the Indian authorities, launched a crackdown and arrested scores of people. FBI agents were back in Ahmedabad when the Mail visited last month, orchestrating a string of raids on more fake call centres around the city which led to numerous arrests and extensive coverage in the local Press. But while US authorities are visibly trying to tackle the scourge of call centre fraud, the scammers say they have no concerns about their UK counterparts.


    Asked if anyone from Britain ever tried to catch them, Jain said simply: ‘Never.’ Trivedi added that it was ‘not possible’ to trace them because their IP address, an internet protocol that identifies the location of computers worldwide, is registered to Afghanistan. When I spoke to the British police they insisted that they are taking steps to crack down on the gangs – but in the meantime, the money keeps rolling in, and the victims are mounting.


    In the hour I was inside the fake call centre, at least three victims came under pressure to hand over their money. And it is no wonder, when bonuses of ‘hard cash’ are paid to closers if they hit targets of ten or twenty thousand pounds. Speaking of his motivation to keep the scam running, Soni boasted: ‘Normally I just sleep for two, three, four hours and then I start work. I just wanna make more money. There is no limit, we can get any amount in cash.’ He added of his terrified victims: ‘They’ll give you bags full of money.’ ‘It’s a very big business,’ Jain added, laughing. Near the end of our demonstration, I asked him if he ever felt guilty about fleecing the elderly and vulnerable. ‘Why should I feel bad?’ he asked with a bemused smile. ‘Money is important to life.’

    'I thought it really was the taxman - and lost £10,000': Father-of-three reveals how call centre scammers targeted him for his inheritance. Jonathan Fairy lost almost £10,000 which he had inherited from his father – after being repeatedly threatened by an HMRC scammer. In a horrific coincidence, the married father of three from Tunbridge Wells was targeted at the exact time he was expecting a genuine call from the tax authority with details of money he needed to repay. His wife Faye, a teacher at a further education college, said: ‘If it could happen to us, it could happen to anyone. We’re intelligent and we’re alert to potential scams, but this was so organised and sounded so official.’ The couple, both 44, also expressed anger at the British banks whose accounts were used to process the fraudulent payments. A week before being targeted, Mr Fairy had called HMRC to discuss money he needed to repay for child benefit, and was told he would receive a call or letter stating the final amount owed within a week. The following week he received a call, claiming to be from HMRC – and appearing to be from a UK number – to discuss the money he owed. ‘These guys had more front than Blackpool Tower,’ he said. ‘They gave me a reference number straight away and told me I owed £4,892.75, which was just under the amount I’d been expecting so it seemed completely authentic. ‘They said, “If you don’t pay today you’ll have to pay over £20,000 for court fees and charges.”’

    He was at work at the time, so asked them to call back later when he was at home. It was then that he was put through to a supervisor who gave him the name Mark Victor. Mr Fairy said: ‘They told me the call was being recorded and all the usual things. They sounded completely natural and genuine.’ To be certain, during the call he Googled the number and checked it matched the number on the HMRC website. He now believes the scammers were using a false phone number to make it appear they were legitimately from the tax authority. During the hour-long phone call, he was given details of a nearby tax centre where he was told he would be required to have a meeting the next day to finalise repayment details. Mr Fairy said the scammers ‘even gave me three possible time slots and asked me to choose which one I wanted, and gave me the name of an accountant who I would be meeting’. He added: ‘It was a very thorough operation.’ They gave him details of a NatWest account into which to make an immediate online payment, which he did. He was told it would be held in the NatWest account before the payment was finalised. But soon afterwards, while driving to rugby training, he received another call saying the payment had not been processed due to a problem on their end. The caller apologised and said he needed to pay again or court proceedings would begin automatically.


    As it was after 5pm, his original payment would be repaid into his account first thing the following morning, the caller insisted. Later that evening, Mr Fairy transferred another £4,892.75 – taking the total he had paid up to £9,785.50. But when he checked his account the next day, the repayment was not there. He then called the number he had assumed was HMRC – only to find it was no longer working. ‘I had a gut feeling something was wrong. I called my wife and asked her to check out the tax office where I was due to be having the meeting,’ said Mr Fairy. Mrs Fairy went to check, and said: ‘As soon as I got there I realised the tax centre had closed down. It was an awful feeling. I walked straight into the police station to report the crime. ‘I’m angry at the scammers, but also very frustrated that they are able to use the accounts of high street banks like NatWest to carry out their fraud,’ she added. To add insult to injury, Mr Fairy was still required to pay the money he owed to HMRC. It took him nine calls to make that genuine payment – and he said he had previously been assured by HMRC that he was allowed to keep claiming the child benefit. Mrs Fairy said: ‘It’s frustrating. I feel if HMRC was more straightforward then it wouldn’t be possible for scammers to prey on people this way. Their convoluted system makes it possible for criminals to exploit it and trick people.’


    A spokesman for Nationwide, who Mr Fairy banks with, said the payments were ‘not fraudulent’ as he had authorised them using his card reader. NatWest said it had attempted to recover Mr Fairy’s money, but said the account held with their company was used as a transfer to move the stolen cash into a separate banking and payments provider called Contis. Justin Skinner, marketing director of Contis, would not say where the money had gone next, but said he regretted the situation and empathised with Mr and Mrs Fairy. He also said Contis ‘monitors accounts closely for any fraudulent activity’.An HMRC spokesman said it has ‘invested heavily’ in protecting taxpayers, and advised those who have lost money to these type of scammers to contact Action Fraud immediately.

    Britons fleeced by fake taxmen: The ruthless swindlers who are terrorising 10,000 UK residents a day from a call centre in India threatening them with prison 18 Mar 2019.

    Authorities in the UK don't want to know about these 'scammers' - "computer generated international calls -nothing we can do about them."

    Fraudulent Scam themes include: Tax, BT, Microsoft, email to say you are owed money DON’T OPEN IT.

  2. The Following 2 Users Say Thank You to jagdmesser For This Useful Post:


  3. #2
    Grand Member
    Join Date
    Oct 2009
    Last Online
    Thursday, October 31st, 2019 @ 03:26 AM
    Ethnicity
    English
    Ancestry
    English, Anglo-Saxon
    Country
    England England
    Location
    South Coast
    Gender
    Zodiac Sign
    Aries
    Family
    Married
    Occupation
    Self Employed
    Politics
    Free Speech / Anti-EU
    Religion
    Pagan
    Posts
    5,039
    Thanks Thanks Given 
    1,584
    Thanks Thanks Received 
    2,638
    Thanked in
    1,419 Posts
    We get plagued by some Paki trying to tell us all about some fictitious fortune we can claim

    On the last occasion, just over a week ago, I imitated his Paki accent and he hasn't called back since

  4. #3

    €1m scammed as 75 cases of romance fraud reported


    Love may be in the air, but it may not always be the real deal. That is the warning from gardaí after €1m was scammed from victims - men and women - caught up in romance fraud last year.



    In one case a woman lost €62,000 after she struck up a relationship with a man on a dating website and sent him varying sums of money over a period of time.

    A man who linked up with a woman in an online chat room ended up sending her €50,000.

    Gardaí said 75 cases of romance fraud were reported in 2019.

    Romance fraud usually involves online dating sites or other social media being used by fraudsters who develop relationships with their victims using fake identities, photographs and life stories. Eventually they persuade their victims to send them money, starting with low amounts, to pay for what they claim is travel (to visit the victim), moving expenses or medical expenses for a sick child or relative.

    The fraudsters will avoid personal questions, but will ask plenty and will ask their victims to only communicate by instant messaging, text or phone calls rather than through the dating website.

    Other warning signs include asking for money to be transferred to bank accounts abroad or via money transfer to agencies outside of Ireland.

    Detective Chief Superintendent Pat Lordan of the Garda National Economic Bureau said if someone is asked for money by someone they only know online they should stop and ask themselves "is this person real?"

    He also said people should never share personal details or banking details with someone they only know online and to think before using a webcam as images, particularly intimate ones, can be used for blackmail. He also encouraged anyone who believes they may have been a victim of romance fraud to report it to their local garda station.

    "Trust your instincts", he said, "if it is too good to be true, it is probably not true."

    He described those involved as "well prepared individuals who build relationships for weeks or months before they ask their victims for money." Speaking on RTÉ's News at One, he said the people behind this type of crime have booklets with the right answers to the questions posed by their victims. "They will have photos from sitting on a beach, reading a book, hiking, and you can see why people would fall for this." He said the "giveaway" is when they ask for money and when they pressurise people using words like "you will never meet me until you send this money."



    Gardaí issue warning over so-called ‘romance fraud’13 II 2020.




    Older people have more excess money. Some are naive and trusting and they are the ones that fall victim to professional ‘scammers’ who are almost certainly 3rd worlders.


    The ruses include: this is the Dept of Inland Revenue (income tax), tv licence, there's an unpaid bill - washing machine repair, etc. They are getting more savvy and there's less of the Asian English spoken. The idea is to get your credit / debit card details.


    A bank employee in a nearby town of 12,000 was telling me they deal with a successful financial scam every day.

  5. #4

    Scams cheat older Americans out of almost $3 billion a year. Here’s what to watch for



    SCAMS:


    KEY POINTS


    • Seniors lose an estimated $2.9 billion annually from financial exploitation, according to the Senate Special Committee on Aging.
    • Impersonating the IRS was the number one scam targeting seniors in 2018.
    • One in 10 Americans age 65 or older who lives at home will become a victim of abuse, according to recent testimony from Kansas Attorney General Derek Schmidt.

    Seniors lose an estimated $2.9 billion annually from financial exploitation, according to the Senate Special Committee on Aging.
    Impersonating the IRS was the No. 1 scam targeting seniors in 2018.


    More than 1,500 seniors across the country contacted the committee’s fraud hotline in 2018; however, Kansas Attorney General Derek Schmidt said in recent testimony that only 1 in every 24 cases of elder exploitation gets reported.

    “Despite that under-reporting, statistically one in every 10 Americans age 65 or older who lives at home will become a victim of abuse,” he wrote.

    Here are the top 10 scams targeting seniors last year, according to the Senate aging committee’s
    2019 Fraud Book:


    1. IRS impersonators

    More than 2.4 million Americans have been targeted by scammers impersonating IRS officials and more than 14,700 taxpayers have lost more than $72.8 million since 2013, according to the
    Treasury Inspector General for Tax Administration. In this case, criminals generally threaten victims with owing back taxes and warn foreclosure, arrest, or deportation if a payment isn’t made.

    2. Robocalls

    Nearly
    2.4 billion robocalls are made each month, according to the Federal Communications Commission. Often originated overseas, callers mask their identities with fake phone numbers and pretend to be from the government or assume a false identity, in efforts to obtain personal information.


    3. Sweepstakes scam/Jamaican lottery scam

    Sweepstakes scammers falsely claim seniors have won a lottery and need to pay a fee to collect their winnings. The number of sweepstakes scams increased by 45.8 percent between 2013 and 2017, according to the FCC. Sweepstakes scams often come from a “876” number, the country code for Jamaica. At its peak, it was estimated that sophisticated Jamaican con artists placed approximately 30,000 phone calls to the U.S. each day and stole $300 million a year from tens of thousands of seniors, according to law enforcement and FairPoint Communications.

    4. Computer tech support fraud





    Microsoft estimates that 3.3 million Americans are victims of technical support scams annually, with losses of roughly $1.5 billion per year. Scammers usually pretend to be a reputable technology company like
    Microsoft, Apple or Dell. They convince victims that their computer has a virus and persuade them to provide personal information and bank account numbers.

    5. Elder financial abuse

    “Financial exploitation of older Americans is the illegal or improper use of an older adults fund’s property, or assets,” according to the Fraud Book. Seniors lose an estimated $2.9 billion annually due to financial exploitation, although these numbers are likely substantially under-reported, according to the Government Accountability Office. Scammers can include family members, paid home-care workers or strangers who take advantage of seniors’ financial decision-making.

    6. Grandparent scams

    An increasingly popular scam is the “grandparent scam,” where impostors either pretend to be the victims’ grandchild or claim to be holding the victims’ grandchild. They ask for money and usually never call back.

    7. Romance frauds

    Romance scams exploit seniors’ loneliness and vulnerability. Twelve percent of people ages 55 to 64 reported using an online dating site or mobile dating app, according to the Pew Research Center. Victims are contacted through a dating site and after trust is built between the two parties, the scammer asks for money for medical emergencies, hotel expenses, hospital bills or visas or other official documents.

    8. Fake Social Security calls

    Similar to the IRS scam, individuals pretend to work for the Social Security Administration and ask for victims’ Social Security number, date of birth, maiden name and bank account information.

    9. Lawsuit or arrest threats

    In the impending lawsuit scam, victims are called by someone pretending to be from a law enforcement agency. The scammers threaten a lawsuit or explain a warrant is out for the victim’s arrest if they do not pay a fine immediately. Often, the caller says the penalty was issued for failing to report for jury duty or not paying taxes.

    10. Identity theft



    Identity theft was the second-most common type of consumer complaint in 2017, with 371,061 complaints, according to the Federal Trade Commission. Nearly 4 of 10 identity theft complaints reported to the FTC in 2017 came from consumers ages 50 and over.

    Identity thieves not only drain bank accounts and charge credit cards, but they also defraud the government and taxpayers by using stolen personal information to submit fraudulent billings to Medicare and Medicaid.

    The Senate aging committee recommends that victims place a fraud alert, report identity theft or file a police report if a scam is suspected.




    Scams cheat older Americans out of almost $3 billion a year. 03 VIII 2020.



    Why this post? This morning 3 Robocalls within 2 hours supposedly from Amazon - a company who I try never to buy from.

    Scams - the approaches change but never the object - your money.

    And I was reading this one - Berlingske Dk: Six men are accused of telefonsvindel against the 157 victims of the total of nearly 11 million - and saw deportation mentioned.
    Three men confess to the fraud: the Elderly were easy victims










  6. The Following User Says Thank You to jagdmesser For This Useful Post:


Similar Threads

  1. The Corruption of the Financial System
    By Siegfried in forum Economics, Business, & Finance
    Replies: 4
    Last Post: Monday, March 4th, 2019, 05:52 PM
  2. Free Trial Scams: Don't Click That Link!
    By Nachtengel in forum Economics, Business, & Finance
    Replies: 1
    Last Post: Saturday, January 5th, 2019, 08:03 PM
  3. Benefit Scams
    By jagdmesser in forum England
    Replies: 0
    Last Post: Friday, October 12th, 2018, 07:04 PM
  4. The IMF's Financial Terrorism
    By Caledonian in forum Economics, Business, & Finance
    Replies: 0
    Last Post: Sunday, June 12th, 2011, 02:13 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •