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Barclays is reporting a 66% increase in scams for the first six month of this year, as criminals take advantage of lockdown pressures to line their pockets. Scams perpetrated include ‘genuine investment intercept’ where fraudsters intercept emails from legitimate investment companies without the victim realising, or ‘cloned companies’ where scammers create fake websites that attract customers actively searching for investment companies.
Jim Winters, head of fraud at Barclays says: “Fraudsters have undoubtedly taken advantage of the nation’s uncertainty during the pandemic, in what is just another moment in the historical evolution of scams. The immediacy of our lives, even during lockdown, has allowed scammers to harness the constantly changing news agenda to target their victims, which is why we all need to remain vigilant."
https://www.finextra.com/newsarticle/36432/barclays-reports-66-spike-in-scams
