28 May 2017
register for the webinar

London police issue bank fraud warning

19 October 2009  |  5967 views  |  0 caution!

London police have issued a warning following a spate of incidents in which fraudsters masqueraded as bank fraud department officials to obtain customer cards and PIN details.

A total of 13 incidents have been reported across eight north and east London boroughs since August using the same method.

The victims all received a call from a man claiming to be from the fraud department of a bank - usually Barclays - and stating their account had been subject to fraudulent activity.

The man then said he needed to collect each victim's bankcard for analysis and sent a courier to their home address to pick it up. Couriers were told to take the cards to various different addresses.

This was followed a short time later by further phone calls demanding the PIN with threats often made if the information was not given. On one occasion the suspect told a woman he would rape her if she didn't help and also threatened a male victim would be shot.

In some cases the fraudsters were successful in going on to steal money from the victims' bank accounts.

Detective Constable Deveci, from Chingford police, is leading the investigation.

He says: "Although all the victims are Asian, we think the suspects are simply cold-calling people and trying their luck. They can sound convincing and have managed to persuade people to hand over their bankcards and PIN numbers. Please be aware this scam is being carried out across north and east London and don't be taken in.

"We are also appealing for courier companies to be on their guard and report any incidents to us as the services of genuine companies are being abused by these fraudsters."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

UK online banking losses continue to climb

UK online banking losses continue to climb

07 October 2009  |  10460 views  |  1 comments
Online fraudsters hit one in eight Brits - survey

Online fraudsters hit one in eight Brits - survey

18 September 2009  |  9621 views  |  0 comments
Bankers fear budget cuts leave them exposed to rising tide of fraud - survey

Bankers fear budget cuts leave them exposed to rising tide of fraud - survey

16 September 2009  |  5973 views  |  0 comments
EU agency 'alarmed' by rise in cash machine fraud

EU agency 'alarmed' by rise in cash machine fraud

07 September 2009  |  10442 views  |  0 comments
Eight million Brits share PIN numbers - survey

Eight million Brits share PIN numbers - survey

27 August 2009  |  9890 views  |  1 comments
Bank scammers diverted customer telephone calls

Bank scammers diverted customer telephone calls

05 June 2009  |  9099 views  |  1 comments
London card cloning gang accused of stealing £3.5m

London card cloning gang accused of stealing £3.5m

07 April 2009  |  9323 views  |  0 comments
Apacs warns of phone scam comeback

Apacs warns of phone scam comeback

30 January 2009  |  6671 views  |  1 comments

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comVisit www.capgemini.com/worldreportsvisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
BBVA launches Open API marketplaceBBVA launches Open API marketplace
13602 views comments | 53 tweets | 81 linkedin
Bank/fintech collaboration can take transaction banking to new heightsBank/fintech collaboration can take transa...
7911 views comments | 12 tweets | 24 linkedin
R3 raises $107mR3 raises $107m
7226 views comments | 16 tweets | 16 linkedin
TransferWise launches multi-currency business bank accountsTransferWise launches multi-currency busin...
7056 views comments | 12 tweets | 21 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job