'Fake bank app allowed scammers to shake my hand and steal from me'

Banking
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I wonder what could help with this issue… :person_tipping_hand:

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Not sure I agree with the BBC ‘s logic…

BBC West Investigations found the fake banking apps - which we are not naming so as not to promote them - are available to download onto an Android phone directly from the internet.

I’d have thought naming them would at least put folk on guard and take action as necessary.

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These people are idiots plain and simple. They don’t check their own bank account to make sure the funds are there?

If they were handed a sealed envelope and told “there’s £1000 cash in this” do you think they would believe it?

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Surprisingly, yes, because the scammer is likely to put it across to them that it would be an insult not to trust them.

Same with the fake banking apps. They’ll say that it always takes a couple of hours coming from their bank with a new payee and that they have an appointment that they need to go to.

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Edit: Deleted irrelevant, next time I will read the article and thread first

Yeah, this is natural selection. You should confirm it yourself before you give any money. No cleared funds, no goods.

Better yet, we should work out how to give consumers card transactions for P2P. Yes, you’ll pay some fees, but you’ll also get protections on both sides.

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I always feel like I’m in the minority, but I have a huge amount of sympathy for the victims of scammers. It’s one of the few crimes where victims tend to get lots of blame.

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Agree i do feel bad for people being scammed and nowdays so easy for it to happen.

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I do and I don’t - a fool and his money are easily parted.

You see stories of people willing to entrust large amounts of money to people they’ve never met or for things they don’t understand like crypto. Many of these scams are variations of those that have been around for years too.

Now I have to go through the Spanish Inquisition every time I pay a new bill online.

1 Like