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BEWARE OF THE LATEST SCAMS
MEDWAY NEIGHBOURHOOD
WATCH ASSOCIATION
A Registered Charity Working Together
For a Safer Medway
WATCH ASSOCIATION
A Registered Charity Working Together
For a Safer Medway
1. BT SCAM - A national Scam, but focussed in the South of England.
The suspect phones victim purporting to be from BT usually on the pretence of an outstanding bill and is told if they don't pay straight away their line will be disconnected.
If the victim challenges this or becomes suspicious, the suspect tells them to put the phone down and they will then prove they are able to disconnect the line.
The suspect remains on the line so victim is led to believe they have been cut off.
The victim is then duped into providing bank account details.
During some calls the suspect states there is a problem with the card details provided and the victim then gives details of other bank cards.
If anyone receives a call it should be reported to both the Police and to the BT Malicious Calls Bureau on 0800 661 441. It is important BT are advised as they can collate evidence for the offence on our behalf. If they have provided Credit card details they should inform the relevant financial institution.
2. Unenforceable Consumer Credit Act Agreements
These are from companies who offer to challenge credit agreements using Consumer Credit Act legislation. Many now advertise in newspapers, and some are now making cold calls.
They offer to review contracts for Loans and credit cards, with a view to proving the debts are not legal, and enabling the account holder to forego any outstanding liability.
As part of the scam they will charge a fee (normally £300 per account) which they often suggest is charged to your credit card, as you will then not have to pay it back. They may also offer to purchase the liability for the account from you for a lump sum.
The fee outlined above is likely to be the first of many, and if they decide you might have a case, further demands will be made for Solicitors fees.
In addition they may advise you to cease making monthly payments on the accounts. If this advice is followed the financial institution will have the right to take legal action to recover the debt.
Whilst strictly not illegal there has been limited success with these claims, and many of the companies offering the services are malicious, and anyone who wishes to pursue such action with one of these companies should exercise extreme caution before parting with any money.
February is
“Scam Awareness Month”
Visit
www.consumerdirect.gov.uk/scamnesty
The suspect phones victim purporting to be from BT usually on the pretence of an outstanding bill and is told if they don't pay straight away their line will be disconnected.
If the victim challenges this or becomes suspicious, the suspect tells them to put the phone down and they will then prove they are able to disconnect the line.
The suspect remains on the line so victim is led to believe they have been cut off.
The victim is then duped into providing bank account details.
During some calls the suspect states there is a problem with the card details provided and the victim then gives details of other bank cards.
If anyone receives a call it should be reported to both the Police and to the BT Malicious Calls Bureau on 0800 661 441. It is important BT are advised as they can collate evidence for the offence on our behalf. If they have provided Credit card details they should inform the relevant financial institution.
2. Unenforceable Consumer Credit Act Agreements
These are from companies who offer to challenge credit agreements using Consumer Credit Act legislation. Many now advertise in newspapers, and some are now making cold calls.
They offer to review contracts for Loans and credit cards, with a view to proving the debts are not legal, and enabling the account holder to forego any outstanding liability.
As part of the scam they will charge a fee (normally £300 per account) which they often suggest is charged to your credit card, as you will then not have to pay it back. They may also offer to purchase the liability for the account from you for a lump sum.
The fee outlined above is likely to be the first of many, and if they decide you might have a case, further demands will be made for Solicitors fees.
In addition they may advise you to cease making monthly payments on the accounts. If this advice is followed the financial institution will have the right to take legal action to recover the debt.
Whilst strictly not illegal there has been limited success with these claims, and many of the companies offering the services are malicious, and anyone who wishes to pursue such action with one of these companies should exercise extreme caution before parting with any money.
February is
“Scam Awareness Month”
Visit
www.consumerdirect.gov.uk/scamnesty
Also visit TRADING STANDARDS