Bank Fraud Scams After Your Money - Hang Up - Check With Your Bank If Concerned

3rd December 2024

Bank fraud scams are illegal attempts to obtain money or other property from a financial institution or its depositors. Some common types of bank fraud scams include:

Phishing
Scammers trick bank customers into giving away confidential information, such as passwords, PINs, or security answers. These scams often appear as emails that seem to be from the bank.

Fake calls
Scammers may call, text, or email, claiming to be from the bank, police, or a telecoms company. They may ask for personal or financial information, or for you to transfer money.

Unauthorised transactions
Scammers may convince you to give them your bank or card details, or use your card without your permission.

To avoid bank fraud scams, you can:
Be wary of any calls, texts, or emails that ask for personal or financial information, or for you to transfer money.

If you feel something is suspicious, hang up and call your bank or card issuer on their advertised number.

Check your bank or building society's website for advice on how to make your account more secure.

Report any suspected scams to Action Fraud by calling 0300 123 2040 or using their online reporting tool.

Fraud prevention - Eight things your bank would never ask you

Useful BBC Programme
https://www.bbc.co.uk/iplayer/episodes/m00164f1/scam-interceptors
Scam Interceptors on BBC

Common scams at the moment include Amazon callers.

Scammer often target elderly people who may not be so aware of the scams
Age UK Scam list

Be aware the scammers are getting more sophisticated and increasingly use clever techniques to get your money.

Do not move money on request.

Do not give personal details.

Do not giver access to our computer even if the person on the other end say thy can fix a problem.

Do talk to friends and relatives if you are unsure about phone calls.

Ask elderly relatives if they receive scam calls and if thy know what to do.