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Smartphone displays unauthorized credit card transaction alert. WhatsApp scam warning. - Supply Chain News

WhatsApp ‘Friend in Need’ Scam Costs Users Over £1.5 Million

07/15/2023
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WhatsApp ‘Friend in Need’ Scam Costs Users Over £1.5 Million

by Richie
07/15/2023
in Fraud & Scams, Security & Risk

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The UK’s national fraud and cybercrime reporting center, Action Fraud, has released data indicating that users have lost over £1.5 million to a scam on WhatsApp. Between February 3 and June 21, there were 1,235 reports of the scam, which typically involves criminals pretending to be a friend or family member in urgent need.

Scammers initiate contact by claiming to have lost or damaged their phone and are messaging from a new number. They proceed to ask for money for a new phone or to settle an urgent bill, providing their bank details for the transfer. Some victims have been repeatedly targeted before realizing it’s a scam.

To prevent falling prey to such scams, individuals should always verify the identity of the person asking for money through a direct phone call. Users are also encouraged to utilize WhatsApp’s in-app features to report spam or block suspicious senders and to never share their six-digit activation code.

  • Stop: Take time to think before sending money or personal information.
  • Challenge: Be skeptical of requests for money; it’s okay to refuse or ignore them.
  • Protect: Immediately contact your bank and report to Action Fraud if you suspect fraud.

This advice aims to enhance awareness and vigilance among WhatsApp users to safeguard against such deceptive practices.

Explore the newest supply chain news at The Supply Chain Report. Visit ADAMftd.com for free international trade tools.

#ActionFraud #CyberCrimeAwareness #WhatsAppScam #FraudPrevention #ScamAwareness #CyberSecurity #ProtectYourMoney #FraudProtection #IdentityVerification #ReportFraud #WhatsAppSafety #StopChallengeProtect #OnlineScams #ScamAlert #ActionFraudReports #ConsumerProtection #PhoneScam #SocialEngineering #BeAware #SecureYourAccount #ScamPrevention

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