This week we would like to share news from Europol (The European Union Agency for Law Enforcement Cooperation) and Trend Micro Research, together they released the Cyber-Telecom Crime Report 2019. The report explains our excessive dependence on telecommunications technology nowadays and how scammers take benefits from it by carrying out illegal activities. The cost of telecommunications fraud reached €29 billion according to Europol, as advanced technology dramatically increases fraudsters’ capabilities. tellows has already shared figures of the Missed call (the Wangiri fraud) and Vishing calls frauds before. This time we will have a look at International Revenue Share Fraud (IRSF)! These frauds mentioned above are all infamous telecommunications frauds included in the Cyber-Telecom Crime Report 2019. Continue reading →
This time tellows would like to share some insights about the impact of the Brexit on phone scams and unwanted calls. As we are all concerned, the Brexit is not only a frustrating process, but besides its own complexity and influences, there is also a very annoying side effect – the Brexit scams. Phone frauds are not strange to us, there are many fraudsters in the UK and we often read news about phone scams. However, Brexit is making it worse by providing these scammers more ways to deceive people. Let’s take a look at the latest four Brexit phone scams.
Photo by Priscilla Du Preez and Kevin Grieve on Unsplash
Getting to know the Brexit scams
HMRC Brexit scams
Do you own a business and trade with the EU? If yes, then lets assume you have been told by the government that you have to register for a ‘UK trader number’. Scammers will try to reach you through email, text message or over the phone, and ask for your personal details such as bank account details, internet banking password or offering you a tax refund in exchange for personal or financial details. Continue reading →
If you receive an incoming call from a foreign number, you should be very careful! Fraudsters from abroad use these calls to deceive their victims and steal their money. And although this type of scam isn´t completely new, thousands of consumers fall victim to them every year. Even in 2019, the business with Ping-Calls (referred to missed call scams) flourishes in various countries such as Australia, Germany, Japan and more. Lately we registered an increasing number of reports regarding the “Missed Call”-scam in the United Kingdom on our site tellows.co.uk. However, what is this “Missed Call”-scam and how can you protect yourself against it? This article will answer these questions. Let´s take a look!
Dear tellows fellows,
we constantly receive information about new types of telephone fraud from our users. We want to thank you for always keeping our community updated and for warning other users about new types of scams!
We have been seeing several reports in our tellows community regarding frauds claiming to be from HMRC. Usually it is an automated voice message warning you that the police will become involved if you ignore the call, or requiring an urgent call back. Many users have already reported about a recorded message, a common feature with all these calls. Therefore, we want to warn you about this type of fraud.
Diamonds are not just any girl’s bestfriend – it is also a very attractive investment alternative. Annual return can range from 2.5% to 10%, depending on the color.
However, unlike gold and silver, or other investments where prices are reported on a stock market, diamonds are not traded on a public exchange but negotiated privately. This makes it harder to know the real value of the diamond, thus making it susceptible to abuse. The diamond trading industry is also unregulated – brokers are not required to be registered with a certain government authority.
A BBC news report recently warned older people who are the targets of this new form of investment scam on diamond trading. About 250 reports were received last year by the City of London Police.
The report from the Centre for Social Justice (CSJ) showed that around 3.9m British families do not have enough savings to cover their rent or mortgage for more than a month.
As CSJ Director Christian Guy said:
Some of the poorest people in Britain are cut off from mainstream banking and have no choice now but to turn to loan sharks and high-cost lenders.
Worse than loan sharks are online payday scammers. They take advantage of the financial situation of people. They ask for a fee promising to release the loan afterwards, but in the end, you get to pay a fee for nothing.
Investing in new technology, developing smart ideas, innovating, outsourcing, call centers – the buzzwords of our business-minded con artists. They’re professionals and they know their stuff. 7 in 10 receive nuisance calls, texts and emails everyday, yet these large-scale scam operators are never penalized because apparently they are just “annoying” and not yet causing “substantial distress” to people.
You, as the target market of these fraudsters, should know better than their old tricks. Update yourself with these words of advice:
Don’t give any personal information to strangers or to businesses – remember, they should already know your details!
Ignore employment agencies asking for payment in advance
Check your bank and credit card statements regularly and let your bank know immediately if there are any entries you don’t recognise
Often, you can’t get lost money back, particularly if you have handed over cash. But you have more protection if you paid by credit card or a debit card.
For our weekly top 3, the approach of our scammers is always a hard sell. Strategies are aggressive and their tactics include cold calls and unsolicited pitches – as if they are really selling some products or services BUT actually no. They are disguised as telemarketers who just want to get your bank details or other personal info. Worse huh!
If you are one of those people affected by the £300,000 UK-wide mobile phone insurance scam, well here’s some good news: the men behind it have already confessed and admitted that they masterminded it. From October 2005 to April 2010, Christopher Surman, 47, Wayne Ghosh, 43, Andrew Patterson, 32, all from Swansea, and Omar Mapara, 33 from Yate, South Gloucestershire, conspired to cheat customers of mobile phone providers by selling insurance policies that were unauthorised by the Financial Services Authority and were invalid.
I hope it’s really a good news for you guys. Let’s continue to help our crime busters by reporting unjust and deceitful conducts.
And for our weekly top 3, these scammers really don’t learn their lessons. Tsk, tsk, i think they really want to go to jail?? They should never get away from this.
Due to the increasing number of complaints regarding unwanted marketing messages and abandoned, silent phone calls, the UK Committee on Culture, Media and Sports has recently published its report on nuisance calls since it started its inquiry in July 2013.
Let’s welcome 2014 with our Weekly Top 3 – I guess this is a good way of starting the year to make sure that we can outwit, outsmart and outplay our enemies slash spam callers.
2014 is the year of the Horse, which according to Chinese culture, is a „symbol of speed and perseverance“ and people born in this year are – take note – „fabulous speakers who have a gift for getting through to other people“. Seems like this is the perfect recipe for the determined and creative spammers and scammers who pester us with everything illegal.