Rogue car and parts dealers face a clampdown after a new law is passed to prevent them advertising on-line. In future, search engines and social media platforms face fines of up to £18 M or up to 10% of their global revenue if they fail to remove the fraudsters' content once identified. Britain's Consumers Association has been in the forefront of fighting fraudsters and Rocio Concha, Which? … [Read more...]
Ghost brokers’ deals will haunt you
GoCompare Car Insurance is warning drivers to swerve away from heavily discounted car insurance deals advertised on social media or marketplace websites, and to trust their gut instincts. Victims of fraudsters known as ‘ghost brokers’, lose on average £769 and face penalties for uninsured driving. "Ghost broker" is the name given to someone who poses as a legitimate insurance broker to sell … [Read more...]
Thieves target leasing deals and users
The British Vehicle Rental and Leasing Association has been made aware of a spate of fraudulent activity, where scammers are advertising bogus vehicle leasing deals on social media and are extracting money from unsuspecting customers. Using social media advertising, including Instagram, the scammers are posing as BVRLA members to lure in customers with advertising headlines targeting those … [Read more...]