Posted: Mon 11th Apr 2016

Fraud Alert: Vishing Fraud Targeting Vulnerable People

This article is old - Published: Monday, Apr 11th, 2016

The NFIB has received intelligence that fraudsters are using vishing techniques to gather bank account details of vulnerable people. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Vishing is when fraudsters obtain personal details of a victim by phone. Fraudsters can then go on to use this personal information to commit fraud. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

In this instance, fraudsters are targeting members of the public who use pre-paid services which provide community alarms to residential properties. This service is paid for via a direct debit. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The victims receive a phone call from the suspect, purporting to be from the company used for this service, asking for the victim’s bank account details due to existing bank details being out of date. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The victims will provide the relevant information, allowing the suspect to collate their bank details. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Protect Yourself: ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Never provide any personal details to cold callers. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

If you are concerned about the source of a call, hang up and call the company back on the legitimate phone number printed on official correspondence from them, such as letters or e-mails. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

If a call is received asking for personal information, tell the caller you will verify their identity with their company and call them back. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​



Spotted something? Got a story? Email News@News.Wales



More from South Wales Police

Spate Of Car Thefts Prompts Warning To Shoppers In Splott

South Wales Police

PC Davies Receives Rhondda Cynon Taf Council Mayor’s Good Citizen Award

South Wales Police

New Special Constables Welcomed To The Force

South Wales Police

South Wales Police Are Seeking Volunteer Chaplains

South Wales Police

Community And Neighbourhood Policing Working Together Gets Results

South Wales Police

All-Wales Deputy Chief Constable Appointed

South Wales Police

Latest from News.Wales

Chairman of Council Committee Resigns Amid Claims of Undermined Independence

Monmouthshire Council

Audit Wales Report Highlights Lack of Understanding of Powys Residents’ Needs by Senior Council Chiefs

Powys Council

Former Village School in Carmarthenshire Transformed into Community Hub and Cafe

Carmarthenshire Council

Legal Agreement for Financial Contributions Towards Pembrokeshire’s Bluestone Resort Expected to End

Pembrokeshire Council

Merthyr Tydfil Council to Potentially Transition 40 More Vehicles to Electric with £400,000 Funding

Merthyr Tydfil County Borough Council

Deadline for Police Commissioner Election Registration Approaching in Wales

Monmouthshire Council