Pinterest Task Mall turned out to be a scam. Here’s what you need to do!

Cryptocurrency scams are on the rise. Here is to what to look out for.

Romance scams are on the rise. Find out how to spot romance scams and stop scammers in their tracks.

The complexity and variety of scams in the UK is always growing. However, there is one scam that has been going on for a long time now and is very lucrative for fraudsters. Make sure you don’t get caught out.

The methods fraudsters use to trick people out of their money are constantly changing. We look into the top 3 current bank transfer scams.

New data released has displayed the scale of the problem in the banking industry when considering refunds for victims of scams, also known as Authorised Push Payment fraud (APP).

One of the most common types of investment scam is where the fraudster pretends to represent a reputable company, offering a great investment opportunity. In this particularly upsetting case, the fraudsters pretended to be Credit Suisse; but with the help of a journalist the customer managed to get their money back.

HMRC responded to more than 846,000 referrals of suspicious HMRC contact last year. Almost 500,000 of the referrals were fraudsters offering fake tax rebates.

Claims management companies (CMCs) handle a range of claims on behalf of customers. Things CMCs help with include personal injury claims, employment matters and lots of issues related to financial services – most notably PPI reclaims. What is known about CMCs?

Like any form of fraud, social engineering can be used to elicit money from people. But what is it?

A bank transfer scam is where you’ve been tricked into sending money from your own bank account to a scammer.

Just because you sent the money yourself, it doesn’t necessarily mean that the money is lost or that the bank isn’t liable for the loss. Banks have signed up to regulations, such as the Contingent Reimbursement Model Code, that set out where they need to refund fraud victims.

In 2020, people in the UK lost over £135 million to investment fraud and scams, and only a very small amount of the money lost was ever refunded. At Refundee, we think this is wrong.

What is Authorised Push Payment Fraud?

You might have heard this term bandied about in the media. It is the largest growing type of fraud, where fraudsters trick their victim into sending money from their bank account to one controlled by the criminal.