i Team 13:27 Monday April 9th 2018 Money Debt, Financial Scams, Fraud, JP Staff
Tips on how to avoid it.
Authorities are warning UK consumers and businesses to be aware of a new financial scam in which fraudsters claim to be collecting debts from legitimate bailiff companies over bogus magazine advertising subscriptions.
The scam sees victims cold called by the fraudsters about the fake debt, claiming to be from Bailiff Enforcement Agents employed by debt collection companies.
Victims are told by the scammers they are enforcing a court judgement over the made-up debt.
The fraudsters have been using the names of legitimate bailiff agents, including “Scott Davis”, “Stephen King” and “Mark Taylor”.
Action Fraud, the UK’s fraud and cyber-crime reporting centre, said the fraudsters then request that the debt be repaid by bank transfer. If the victim refuses, they threaten to visit the victim’s home or place of work to recover the debt that is owed.
Once the money has been transferred, victims are not provided with receipt details of the payment or contact details.