‘Deceived!’ Briton loses £2,500 after convincing rental scam | Personal finance | Finance

Research conducted by Which? found that people between the ages of 20 and 39 are more likely to have been scammed in the past year. Examples of fraud that many people fall victim to include pyramid schemes, online shopping scams, and rental fraud. The latter is more likely to affect young people, as fewer of them are landlords and dependent on letting agents and landlords provide them with accurate information.

In this particular age group, pyramid or Ponzi schemes and online shopping scams were more likely to be reported to authorities like Action Fraud than other groups.

The government is preparing a response to the rise in online scams via its Online Safety Bill which aims to support victims and target fraudsters.

Speaking to Express.co.uk, a youngster shared his story of how he was scammed by scammers when moving house four years ago.

Jonny Yeoman, 27, is now a music teacher in London, lost £2,500 when moving to the city after he was scammed into paying a deposit to a bogus landlord.

READ MORE: State pension to hit £10,340 as triple lockdown is saved – some get less

Hoping to move to a property in Clapham, Jonny saw a place advertised on Gumtree which included a link to Spareroom.

He then received a message from who he believed was the owner who tricked him into arranging a viewing of the property.

Mr. Yeoman was told that the estate agents were keen to sell the flat instead of renting it, so he went out for himself to see, and later made an offer for the place.

By inquiring at the cadastre, he was able to verify the owner of the property and decided to post a deposit.

DO NOT MISS :

Ms Ross said: “Fraudsters do not discriminate when it comes to scams and everyone is sensitive to this growing number of crimes, with many young victims set to lose life-changing sums of money.

“The Government’s decision to include paid fraudulent advertisements in the Online Safety Bill, along with promises to make reimbursement mandatory for victims of bank transfer scams, was a big step in the right direction. direction, but it is now up to government and regulators to get it right.

“We will carefully check that the Online Safety Bill goes far enough in protecting consumers against false and fraudulent advertisements.

“It is essential that the government quickly introduces the right legislation against wire transfer fraud that will ensure victims are treated fairly and consistently.

Comments are closed.