beatthescammers

An Amazon delivery driver was left unable to work for more than a week after the firm closed his account when he reported he had been hacked and money spent by a fraudster. Shaun Millward, from Leeds, had his Amazon account hacked during the coronavirus lockdown with his bank account emptied after the hacker made … Read more

Rogue ‘bedroom traders’ ignore watchdog: More than three-quarters are still operating on social media Instagram stars are persuading naive investors to join unregulated groups    They are told the trader is supposedly betting on foreign exchange fluctuations 21 traders added to warning list since start of the year but 16 remain active By Miles Dilworth For … Read more

Connor Walsh claims to have it all. A Lamborghini, the freedom of a £3 million mansion and a jet-setting job — all by the age of 25. Standing in front of his indoor swimming pool, he starts to tell his 138,000 Instagram followers how he did it. He struts over to his home bar and … Read more

Fraudsters capitalise on lockdown uncertainty to steal £4m as investors are lured by sophisticated scams By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 July 2020 | Updated: 21:50 BST, 13 July 2020 Fraudsters have stolen around £4million from investors in recent months through large-scale sophisticated scams, the Investment Association (IA) has warned. … Read more

Just 18% of people could spot the fakes from 10 scam emails and texts they were shown: Would you outsmart the con artists? TSB showed 2,000 people 10 real messages and 10 fake ones  A quarter spotted all the fakes pretending to be from a bank, but 37% would click Figures come as thousands of … Read more

Warning over cowboy builders cold-calling vulnerable households as lockdown ends By Miles Dilworth For The Daily Mail Published: 22:00 BST, 7 July 2020 | Updated: 22:00 BST, 7 July 2020 Homeowners are being warned of a rise in cowboy builders targeting vulnerable households as the UK exits lockdown. Experts say they expect a ‘significant escalation’ … Read more

Rip-off phone companies are tricking households out of millions of pounds by charging hefty sums to connect them to official helplines. Rogue firms are paying search engines so they appear at the top of results pages when people search for terms such as ‘contact HMRC’.  Customers in a rush end up calling expensive connection services … Read more

Cyber security experts warn some of the country is in need of online password education after a survey revealed more than a quarter of Britons reuse up to five passwords across all their financial accounts and one in five admitted to writing them down. Just two-fifths of Britons follow recommended guidance in setting different passwords … Read more

Warning as O2 customers receive scam message asking them to update payment details By Jeff Prestridge for The Mail on Sunday Published: 22:32 BST, 20 June 2020 | Updated: 22:32 BST, 20 June 2020 Alert: The message asks for new bank payment details to be provided Customers of mobile phone giant O2 are being warned not … Read more

It is one of the most iconic scenes in Oscar-winning financial film The Big Short. Actress and model Margot Robbie pops up in a bubble bath with a glass of champagne to explain, in plain English, the world of subprime mortgage-backed securities, which helped trigger the financial crisis more than a decade ago. Now, in … Read more