NatWest Bank has highlighted the top five frauds affecting their customers. Nat-West is also supporting an initiative from National Trading Standard called Friends Against Scams one which I also support.
Advice is out there on what to watch out for and how to stay alert whilst remembering to remain cautious and not jump to take up an offer but many still miss the warning signs. The article identifies goods not received as a top fraud as well as bogus holidays. Are we sometimes too caught up in believing we have found a bargain to miss certain signs all may not be as it seems? I have had to take a step back when searching on line for a bargain.
The Take Five awareness campaign (led by Financial Fraud Action UK Ltd and its members with partners Cifas and City of London Police) asks people to "stop and consider whether the situation is genuine – to stop and think if what you’re being told really makes sense." I think this should become habit in everyday life.
Goods not received - you pay for goods or services but do not receive them from the seller Advance fee fraud - fraudsters ask you for an advance or up-front payments for goods, services and/or financial gains that do not materialise; ¦ Spoof payment requests - you receive a fraudulent request, purporting to be from someone senior in a company or a client, for payment or draw down of funds; ¦ Invoice fraud - you are tricked into believing an invoice is from a trusted trading partner when it is not. The fraudster will tell you their payment information has changed and you should pay the new account; holiday scam - you book a holiday, usually online, to find out later that the holiday is not real.