07 October 2015

London police issue bank fraud warning

19 October 2009  |  5562 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)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

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

Related blogs

Create a blog about this story (membership required)

Related stories

07 October, 2009
18 September, 2009
16 September, 2009
07 September, 2009
27 August, 2009
05 June, 2009
07 April, 2009
30 January, 2009
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Shaping the Future of Banking: an event fo...
10431 views comments | 4 tweets | 2 linkedin
BNP Paribas to pilot cards with dynamic CV...
6828 views comments | 32 tweets | 37 linkedin
Worldpay trials facial recognition technol...
6586 views comments | 24 tweets | 39 linkedin
Payments firm Adyen scores funding at $2.3...
5103 views comments | 16 tweets | 14 linkedin
Faster Payments eases access for challenge...
4483 views comments | 20 tweets | 25 linkedin

Featured job

to £80K base + commission + bonus
London, UK

Find your next job