Instead of an online payday loan scam, there has been fraud on the internet with online banking in the U.K. Fraudsters have been targeting areas in Scotland and have already walked away with money.
Payday loans online have been targets by fraudulent activity.
The latest fraudsters have been targeting their victims by misrepresenting themselves s employees of a bank. They are targeting bank customers who have not already set up online banking.
Internet banking has made it easier for fraudsters to target customers since everything is being done behind the scenes. Requests are made for personal information offering to set up the service for the customer. The fraudsters contact the customers requesting card details, passwords or Personal Identification Numbers. Some of the potential victims described their callers as plausible, being overly nice trying to persuade them to give up their information.
The bank being misrepresented has made it clear that no employee would ever call or send an email to a customer asking for personal information. In the Shetland area, there have been more than 100 people who have been contacted by the fraudsters.
Money transactions over the internet rather it be from online banking or online payday loans, the fraudsters are finding it easier to prey on their victims by using whatever knowledge they have to persuade a victim to give of any type of personal information. There were two victims, which police confirmed, who fell into the fraudsters trap. They gave up their personal information and the fraudsters were able to set up online banking and removed significant amounts of money from their accounts.
Whether you live in the U.K. or U.S., dealing with fraudsters is just as dangerous. Here are some tips to remember to keep from having your money fall into the hands of fraudsters.
- No banking or payday loan company will contact you asking for personal information. Knowing this information will keep you safe from anyone who tries to make you a victim.
- If you do receive a call, verify the person by asking their name and extension and call them back. A fraudster is obviously not at the place of business, so if they are unwilling to allow you to call them back, there is no need to be talking to them further.
- If you suspect fraud, hang up. You don’t need to be polite to someone who is stealing your money.
- Call your bank, lender and the authorities if you suspect you were a potential victim of fraudulent activity.
- Never give out information to anyone who is calling you unless you have a history working relationship.
Spotya! Online Payday Loans works hard to inform all readers of the potential hazards when fraudsters get a hold on your personal information. Being an online lender, Spotya.com would never contact a person without their initiating the contact. If you have not requested information about a loan or you have not filled out an application for one, there is no reason why a lender should be contacting you looking for information. Be careful with whom you share your personal information. Your finances depend on it.
