April 3, 2024

A loveMONEY reader who was targeted by scammers reveals how they tricked her out of over £20,000 after they claimed there was fraudulent activity on her account.

Over the last few years, media coverage of scams has increased – and some scams appear to be more popular with fraudsters than others.

For example, they often pose as HMRC or clone a legitimate firm and offer an investment that simply doesn’t exist at rates that are too good to be true.

I talk to a loveMONEY reader who was affected by an elaborate scam that has rarely been reported to loveMONEY and will reveal how you can stay safe.

‘I tried to stop unauthorised transfers but still lost £8,000’

Fraudulent activity detected

In September 2020, Mia (her name has been changed to retain anonymity) received a text allegedly from Barclays claiming that there had been fraudulent activity on her account as someone spent hundreds of pounds online.

She was asked to confirm whether she was responsible for these transactions, which she denied via text – prompting someone allegedly from Barclays to call her.

When they called, she checked the number on the back of her bank card, which matched. Unfortunately, this number was spoofed to make the fraudsters appear legitimate.

The scammers, who knew both her account…

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