Britons reveal how they were duped into sending money to con artists

Think that YOU wouldn’t fall for a scam? People reveal how they’ve been duped – from sending money to a stranger posing as their boss to giving cash to someone who ‘desperately needed a train ticket’

  • Reddit users from across the UK shared how they lost money to scammers
  • Many responses to the thread admitted they were pressured for cash abroad
  • Others confessed they were tricked by convincing emails and MLMs  

Scammers are getting creative with the methods they use to trick people into parting with their hard earned cash as proven by a viral thread of victims sharing how they were conned.

People from across the UK took to  Reddit to reveal how they were duped into giving hundreds of pounds to fraudsters, with many admitting they were fooled by text messages and emails, as well as feeling pressured to part with their cash by tricksters abroad. 

The discussion began after one Reddit user asked how it was that most people think they won’t be scammed but yet there are so many stories of victims.

A stream of commenters shared stories about friends and families who’ve been the victim of fraudsters, with one detailing how they paid for tea with two locals in Shanghai who claimed they wanted to practice speaking English.

People from across the UK have spoken candidly about the scams they fell for both in person and online (file image)

Posting on Reddit, a man began the discussion by saying that ‘we always wonder how people could be so gullible’

The man sparked the thread, writing: ‘What’s a scam that you or someone you know has fallen for?

‘There’s so many scammer stories and documentaries going around and we always wonder how people could be so gullible – but have you or someone you know ever fallen for a scam?’

One person responded: ‘Not fallen for it but stopped the scammers. My grandma got a phone call saying her Amazon account had been hacked and they wanted her details and my grandma got really confused and asked why she had an account with a rainforest.’

Another wrote: ‘I know a couple of people who’ve fallen hard for MLM and I’ve had to mute their subsequent stream of ridiculous b****** on Facebook.

‘It’s so sad and desperate – and surprising that (otherwise totally normal) people can’t see the truth about these things once they’re caught up in it.’

Many commenters told how their relatives fell for scams after being contacted by fraudsters pretending to be from their bank or Amazon

Many commenters admitted they were scammed by strangers online, with one writing: ‘One of my parents fell for Microsoft ringing and advising them that they needed to access their laptop urgently to prevent a virus… despite me telling them if this ever happened to just say they were going to ring me as I work in an IT dept.

‘Fortunately they’re that bad with computers they couldn’t even get the scammers website to properly before they gave up and put the phone down.’

‘Around Christmas there’s those websites that look like they sell really nice jackets, jumpers, coats etc. so last Christmas my brother wanted a jacket and sent me a link to a website that sold it. Turned out it was a scam and I was out £100,’ another said. 

A third added: ‘A work colleague, 50ish woman, divorced for some years ‘found true love’ with a man she met on Facebook. She is in the UK, he is American. Really wealthy, had a couple of houses one on the beach in Florida. He was going to come across to the UK and propose.

‘Strangely for a wealthy man, he did have a bit of a cashflow problem – and she was constantly sending him money, just to sort out a few minor things – but it was all legal and he would definitely pay her back – I mean all her money worries would soon be over when they were married.

‘She lost all her friends, because they were all jealous and kept telling her lies about this man, trying to make her believe it was all a scam. Last time we heard she was about to lose her home – she’d taken out a big loan to help him out and had somehow managed to send some £50k to a non existent ‘millionaire.” 

A flood of commenters admitted they were duped online by scammers asking for money to get rid of computer viruses 

Other revealed they had been scammed while abroad – with one claiming they were pressured into buying a ‘free gift bracelet’ and another said they splurged on tea with two locals in Shanghai who claimed they wanted to practice speaking English.

The man who started the thread, wrote: ‘Had a woman in India try to tell me I needed to pay to see India Gate. It’s a public monument – the equivalent would be someone standing outside Big Ben saying you need to pay them just to look at it.’

He added: ‘I got massively overcharged for a taxi in Prague and didn’t even realise until I told a Czech friend how much I’d paid! I think I paid the equivalent of £20 when it should’ve been around £3, but I had no idea how much a taxi was supposed to cost.’

Another commented: ‘A mate of mine lost 2k because she’d signed up to a flat for her year abroad but couldn’t get out to see it until she moved over – the listing and the seller immediately disappeared once she transferred the cash.’

Other responses admitted they were tricked on holiday because they didn’t understand the currency or felt pressured to part with their cash 

Outsmart the scammers: Fake messages that look so real. ‘Bank staff’ calling you from genuine numbers to get you to transfer thousands… Here are the scammers’ top ten tricks so you won’t be fooled again! 

Fraud has become endemic in Britain. We face daily texts and scam calls, and the internet is littered with fake websites and advert cons.

The pandemic has helped fraud to flourish, with criminals seizing on the Covid crisis — exploiting the vaccine rollout, Government support packages and the boom in online shopping — and making easy money from our life savings.

So to help protect your hard-earned cash, Money Mail is today launching a cut-out-and-keep fraud survival guide.

In our special series, we will warn you about the most prolific cons, teach you how to recognise the tell-tale signs of a scam, and explain how best to fight for your money back.

We start here by highlighting the top ten tactics deployed by fraudsters to target your savings — from cruel romance scams to sophisticated bank transfer cons in which unwitting victims are convinced to move their money into a criminal’s account.

It comes as the latest figures from banking industry body UK Finance reveal that losses to fraud rose by another 30 pc to almost £754 million in the first six months of the year. 

It means criminals are now stealing more than £4 million from us every day.

Money Mail analysis of industry figures also shows that since January last year, there have been more than 4.6 million cases of fraud — costing us more than £2 billion.

Fraud has become endemic in Britain. We face daily texts and scam calls, and the internet is littered with fake websites and advert cons

1. COPYCAT CONS

(32,196 cases in 2020-21)

£98.4 MILLION LOST

Impersonation fraud has soared in the pandemic and most of us will have received a phone call or text message from a fraudster at some point pretending to be from a trusted organisation, such as a delivery firm, the tax office or internet provider.

The con is simple: grab the target’s attention — by claiming they owe money, for instance — and then lure them into providing personal details that can be used in a fraud.

Criminals can even use a tactic called ‘spoofing’ to make their phone call ID or text appear genuine by cloning the number or sender ID displayed on your phone.

The scams start with a text, call, email or social media message with an urgent request for personal or financial information.

You could also be asked to make a payment or move money.

There were 14,299 cases of impersonation fraud reported to banks in the first six months of this year.

Losses totalled more than £44 million — an increase of 111 pc. Less than half of the stolen money was returned to victims.

A common recent scam includes automated robocalls from scammers pretending to be from your broadband provider or Amazon Prime.

You are told that you owe money or you are about to be disconnected unless you ring a number and pay up.

Another copycat fraud doing the rounds is the HMRC scam. This sees victims told they owe the taxman and have to pay up urgently or they will get a criminal record.

2. BANK IMPERSONATION

(40,283 cases in 2020-21)

£181 MILLION LOST

A more frightening version of the copycat con is when fraudsters pretend to be calling from the police or your bank. 

Again, using telephone number spoofing, the calls appear genuine. 

You may be told to act immediately and are sometimes told that your money is at risk and you could lose it all.

The scammer will then ask you to transfer the money to another account to keep it safe. 

Fraudsters may even try to trick you by sending couriers to collect your cards, PIN or cash in person.

Often, crooks call victims pretending to be from their bank’s fraud team, querying suspicious payments.

They also pose as police and claim staff at the target’s bank branch are involved in a fraud using fake banknotes.

The victim is then convinced to take part in an ‘undercover operation’ and make a large withdrawal and hand it to the police caller for ‘analysis’. 

There were nearly 19,000 cases of police or bank impersonation fraud in the first half of the year, with more than £84 million stolen — a rise of 131 pc.

Remember, your bank or the police will never contact you out of the blue to ask for your PIN, password or passcode, or ask you to transfer money to a safe account.

3. INVESTMENT SCAMS

(15,822 cases in 2020-21)

£242.8 MILLION LOST

YOU could lose your life savings or pension in an investment scam.

Fraudsters may target their victims via cold calls or lure them online with fake investment opportunities promoted on search engines and social media.

UK Finance says investment scams have risen significantly in the pandemic, and this has been ‘heavily enabled’ by fraudulent advertising, search engines and social media.

Losses rose 95 pc in the first six months of 2021 — hitting almost £108 million, with more than £44 million returned to victims.

You’ll be persuaded to move money into a fictitious fund or to plough your savings into a fake investment. The rewards promised will be tempting and you’ll be pressured to act fast.

Scammers also use fake celebrity endorsement or testimonies from made-up investors boasting of brilliant returns. 

Recent investment cons have convinced savers to invest in cryptocurrencies such as Bitcoin, rare wine and whisky, property, gold or carbon.

Criminals also set up cloned websites that appear to be run by legitimate investment companies and send out paperwork with official branding and logos.

Fraudsters research their victims and may be able to provide you with details of past investments and shares you have.

Treat any investment opportunity offer as a potential scam and check the Financial Conduct Authority (FCA) register for regulated firms and individuals.

The regulator also has a scam warning database. Remember, if it is too good to be true, then it almost certainly is.

4. IDENTITY THEFT 

(51,389 reports in 2020-21)

£41.2 MILLION LOST

Identity theft is when a fraudster steals your details and uses them to open bank accounts or to take out loans or credit cards. 

They might also apply for benefits or try to obtain official documents such as passports or driving licences in your name.

There were 16,844 cases of card ID theft in the first half of the year, with losses hitting more than £11 million — a fall of 30 pc. 

A fraudster might steal personal information from your purse or wallet, or even from bank statements in your rubbish bin.

Criminals can also use information available online and on social media to build a picture of your identity.

Warning signs would include mystery transactions on your bank statements, or letters about loans or contracts you did not apply for.

Identity theft is when a fraudster steals your details and uses them to open bank accounts or to take out loans or credit cards 

5. ROMANCE CONS

(4,608 cases in 2020-21)

£36.3 MILLION LOST

Scammers ruthlessly search social media and dating websites, often looking for vulnerable victims by seeking profiles that say you’re ‘widowed’ or ‘divorced’.

They’ll use fake profiles and stolen photographs to pretend to be someone else and act like they’ve fallen in love with you.

After they’ve gained your trust, they’ll often have a sob story which will involve you sending them money.

This might include claims they need money for medical care or for travel costs to visit you.

Alarm bells should ring if they quickly declare strong feelings for you, and are unable to video call or meet you in person.

In the first half of the year, there were more than 1,600 cases of romance fraud — with more than £15 million stolen, and just £5 million returned to customers.

6. INVOICE FRAUD

(7,121 cases in 2020-21)

£124.1 MILLION LOST

Fraudsters hack email accounts belonging to tradesmen, builders and solicitors to send out fake invoices.

Posing as a trusted contact, they’ll get in touch to say their account details have changed and ask you to send any money you owe to a new account.

Families moving money for property purchases have lost their entire deposits to fraudsters in this way.

More than £42 million was lost to invoice fraud in the first half of the year, a decrease of 7 pc.

But only £13 million was refunded to victims. Beware if you receive new bank details from a service provider, or if you see duplicate or more frequent invoices than you’d expect.

Always call the company concerned using a number you know to be correct to check any payments before transferring money.

7. PURCHASE CONS

(131,068 cases in 2020-21)

£94.8 MILLION LOST

The boom in online shopping during the pandemic has given fraudsters the chance to trick more people into paying for non-existent products.

Scams include asking shoppers to put down deposits for pets that don’t exist or payments for computer games consoles they’ll never send.

There were 52,348 purchase scams in the first half of the year, a rise of 40 pc, with fraudsters stealing almost £38 million.

This type of scam accounts for nearly half of all authorised push payment fraud. Victims were refunded just £11 million.

Criminals will often advertise through auction sites or social media using images stolen from genuine sellers.

They might also use web pages that look like genuine providers but have a different website address.

Red flags include deals that are too good to be true — heavy discounts or far cheaper rates.

You should also be wary if you are asked to pay via bank transfer rather than debit or credit card, or the online platform’s secure payment option.

8. ADVANCE FEE FRAUD

(23,968 cases in 2020-21)

£39.9 MILLION LOST

These scams see criminals convince their victims to pay an upfront fee in order to receive a prize or valuable goods.

But the reward promised does not exist.

Losses to advance payment scams rose 110 pc in the first half of 2021 to reach almost £17 million, with more than £5 million returned to the customer.

The scams were also the fourth most common form of bank transfer fraud, accounting for 9 pc of cases.

The criminal may claim the victim has won an overseas lottery or that gold or jewellery is being held at customs and a fee must be paid to release it.

Those searching for jobs have also been hit by this type of fraud.

Beware if a job looks too good to be true, and the recruiter is asking for an upfront fee for a background check, for instance.

You should check email addresses of recruiters or employers, and confirm a firm is registered with Companies House.

Be sure to use a reputable recruitment company that is a member of a trade body.

9. HOLIDAY SCAMS

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AS the world opens up, many of us are desperate to book a holiday abroad. But fraudsters also capitalise on our holiday hopes to steal our money and information.

Scammers set up fake websites offering cheap travel deals, often imitating well-known brands.

There will be slight differences. The website address might be different, for instance.

Flight prices are largely set by airlines so super-cheap flights may be a sign that a scammer is behind the deal.

You might also be later directed away from paying safely and told to pay via a bank transfer.

If you do pay, the tickets promised may well be counterfeit or non-existent. Fraudsters will also offer discount rates on luxury villas and apartments, but only if you pay a hefty deposit that you won’t get back.

10. CEO fraud

(1,044 cases in 2020-21)

£16.9 MILLION LOST

Company executive fraud is when a cybercriminal spoofs company email accounts and impersonates executives to convince an employee to send money to them.

It is the least-common type of bank transfer con, but it still cost victims more than £6 million in the first half of the year.

This was a rise of 37 pc on the same period in 2020.

The scam, which mostly affects businesses, is where a victim tries to pay a genuine payee, but the fraudster intervenes by posing as someone high up in their organisation. 

They are then told to pay the invoice to a different account.

Scammers have been known to pose as staff in company finance teams, and again use spoofing technology so the emails appear genuine.

There were 207 cases of CEO fraud in the first half of the year — fewer than 1 pc of total bank transfer scams — but the con accounted for 2 pc of total losses.

 

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