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The medicine for common cold callers.

PHONE scams are a common way for criminals to con people out of money using various tricks to get your personal or financial information.

More than half of all scams start with a phone call.

Common types are:

Bank and building society scams These typically involve a fraudster pretending to be from your bank, phoning you to say you've been a victim of fraud.

They may ask you for personal and financial information to get access to your bank account or to commit identity theft.

Or they may tell you there is a corrupt member of staff in your bank and they need your help to identify them. They may also ask you to transfer all your funds into a "safe account" because your account has been taken over.

What should you do? Wait for 20 minutes before you call your bank on a trusted phone number to check it out. This is because scammers are able to keep phone lines open. Whilst you think you are making a new phone call, the line is still open to the scammer who pretends to be a different person from your bank or the police.

Computer software scams Scammers may call you claiming to be from a well-known company, saying there is a problem with your computer and they need full remote access to fix it.

They may charge you a fee or use the unlimited access to your computer to which to be fake a 499 woman flight website commit identity theft or to gain access to your online banking account.

Investment and pension scams Fraudsters call offering the chance to buy share sales, wine investments, land banking, carbon credits, rare metals, diamonds or other gemstones. Another emerging scam involves false claims about pension liberation.

Many have lost their entire life savings to investment scammers.



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Publication:The Mirror (London, England)
Date:Mar 29, 2019
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