Yeah banks should be doing more in my view .......Internet service providers can assist in tackling the issue......for me they already know our every move and financial transactions so surely they can find who took what out of which bank......its digital so traceable.
Is this being done through what is known as open banking? It's where you allow a third party to dip into your account directly rather than being authorised by the bank itself, hence you have limited protection. I've never used it, but I know they said some years back that this had potential for problems. A lot of older people may not even know it exists, hence why they are not being scammed. On my app you would need to scroll to the bottom to see it, as I'm sure the banks didn't appear to like the idea, but I think it was all to do with new legislation, I'm tempted to say EU legislation, thats not having a swipe at the EU by the way lol. Maybe I'm thinking the wrong thing?
no, it's where someone sends money to a fraudster and tells the bank to send it and authorises it themselves (whether online or in person). Like if you were advertising your jaffa cakes investment with a 20% return and i send you money. You then send me my 20% return and i think it's decent investment and i send you more. Then you do a runner with my money. Or when Sucky was romancing peej and peej has given sucky his covid sob story and needs 20k for treatment and sucky sends it and it ends up peej is actually fine and now sucky wants the banks to do something about it cause he got scammed
Causing someone loss through false means is a crime.....for me common law should be a subject taken in school so everyone knows thy basic rights before coming of school wet behind the ears and getting swindled out of your money....be it illegal crime or legal crime....ie debt lenders etc In the words of woody Guthrie from the Pretty Boy Floyd song said quote "Yes, as through this world I’ve wandered I’ve seen lots of funny men Some will rob you with a six-gun And some with a fountain pen"
This is brilliant he's gone full tonto now, don't agree with his views but he makes me laugh and at least he has the will power to not be deterred...
shouting into a loudspeaker for 6 years is just being a public nuisance and has absolutely nothing to do with political protest .
a bit of both tbh some of the scams are fairly obvious imo but some like the hijacking of a solicitors details when buying a house* you can easily see why people fell for it . * Personally think how often this is happening makes me think they are ridiculously careless with their security which considering my personal knowledge of their behaviour doesn't surprise me .
I find the tory party a public nuisance but we pay them for the privilege so some guy ranting whatever he rants can rant for a few years more as far as I'm concerned..........but yeah I pay my taxes so the police deals with crime, an annoying **** gets arrested yet sweaty Andrew just got off free from sex abuse allegations by paying the accuser off......police are ok with that yeah no investigation into one of the friends of the biggest high society sex trafficking stories in the past decade or 2
Ah right. I've had my credit card details stolen a few times, bank gives me a call saying fraudulent activity, they cancel the card, send me a new one, and they pick up the bill for loses instantly, without question and without need for the ole bill getting involved. They even wrote off a load of stuff I did use the CC for on one occassion, something to do with timing that once the card is cancelled any debt occurred after that is not mine, even if the card was used by me, weird. They never tell me how the fraud was done, but my guess was skimmers.
yeah i've had one of them as well but this is a trickier thing as you yourself made the payment though i have to say with my bank setting up a new payee is getting to be quite long winded due to security checks which gives you plenty of time to consider if this is a good idea .
Yeah what solid said. Sorry if i didn't explain it properly. This is where you willfully send money to someone yourself for something but it's actually a scammer that you have sent money to yourself. So for example, lets just say one day you get a text from a random stranger, it might say something like: "Hi BRB/Dad, It's me your daughter, i've run out of money to pay my rent this month but can you quickly send over 1000 quid to cover my rent. Thanks, send it to this bank account etc." you then willfully send it and days later you find out it wasn't really your daughter but now it's too late, you sent it. In solids more sophisticated example, fraudsters will actually send an email pretending to be the solicitors (inside info? hacking) and pretending to be solicitors with all the correct info but with the fraudsters bank details. You unwittingly will transfer the house deposit money into the fraudsters bank account.
Ah, is this like where I ping my mate money for when he buys my match tickets, his account details are set into my banking app (transfer payments), I get a text to say bought, I then just ping the money straight over.
I actually thought the EU had changed the law about 3 or 4 years ago, where a bank now can go in and dip into someones account, if they've had money in error. Where's in the past you couldn't do it without their authorisation. Unless it's only particular types of payment that legislation covers. Edit: Obviously with scammers, you would think the money would no longer be wherever it was sent to retrieve.
How far away are we from 2FA for bank accounts. Everyone has a phone now. Perhaps we should have the option to not authorize ANY payment until we confirm the charge.
I thought we already had 2FA, sometimes when I pay for stuff online, the bank sends a message to my phone, which I sign in via fingerprint, then I click accept on the app that has opened up.
Maybe you do. Banks in Europe are usually several years ahead of banks in the US. Back in the 90's when I first arrived in the US a lot of stores still didn't take credit cards... Europe got chip cards years before us, and I only just got my very first "RFID tap" card this month... I think they've been in Europe for years now.
My banks phone app notifys me when I do over £250 in one go, I then have to confirm it on the app before it goes through, it sounds long but it actually takes a few seconds so not long at all.
Yeah the US was a pain in the arse, like still in prehistoric times when it came to chip cards. Like, what do you mean I've got to sign. And do they still do this bolloxs where you have to pay for your fuel before you fill, fooking shhite idea that was.
