Police Warning After Loan Scam
Monday October 29 2012
A WARNING has been issued by police because of a new loan scam that is making the rounds in Barnsley.
Police say they've had a number of reports of an alleged fraud through ‘UKASH’ vouchers where people apply for an online loan and are then contacted by a company offering them the loan if they purchase a 'UKASH' voucher.
A police spokesman said: "UKASH is a legitimate scheme that allows people to use cash to pay online by exchanging money for vouchers, however these fraudsters are telling people that to release the funds, potential victims are asked to make a UKASH payment to cover administration costs.
"Victims are asked to buy the voucher from a UKASH outlet and give the 19-digit voucher code to the offenders.
"These vouchers can be safe if used as intended but if you step outside the guidelines of use, you are likely to be caught out.
"It is important to remember that the 19-digit voucher code should never be given out to anyone over the phone."
The fraudsters are also cold-calling and falsely offering loans or refunds of around £4,000 for mis-sold Payment Protection Insurance (PPI) on previous loans.
PC Andy Woodruff said: “We would ask the public particularly those who are elderly or vulnerable to be on their guard and ensure they do not fall prey to these scams.
"If someone phones you and seems to have knowledge of your personal details or circumstances, do not confirm any information with them or provide them with any missing details.".”
Police say they've had a number of reports of an alleged fraud through ‘UKASH’ vouchers where people apply for an online loan and are then contacted by a company offering them the loan if they purchase a 'UKASH' voucher.
A police spokesman said: "UKASH is a legitimate scheme that allows people to use cash to pay online by exchanging money for vouchers, however these fraudsters are telling people that to release the funds, potential victims are asked to make a UKASH payment to cover administration costs.
"Victims are asked to buy the voucher from a UKASH outlet and give the 19-digit voucher code to the offenders.
"These vouchers can be safe if used as intended but if you step outside the guidelines of use, you are likely to be caught out.
"It is important to remember that the 19-digit voucher code should never be given out to anyone over the phone."
The fraudsters are also cold-calling and falsely offering loans or refunds of around £4,000 for mis-sold Payment Protection Insurance (PPI) on previous loans.
PC Andy Woodruff said: “We would ask the public particularly those who are elderly or vulnerable to be on their guard and ensure they do not fall prey to these scams.
"If someone phones you and seems to have knowledge of your personal details or circumstances, do not confirm any information with them or provide them with any missing details.".”
Reply
Posted by Sharon on Monday October 29 2012 at 15:20
Reply
Posted by This Is on Saturday November 3 2012 at 00:34
Add new comment
Your email address will not be visible to other users of the website when you leave a comment.
Other Latest News
A MAN has been given a suspended jail sentence for failing to complete 150 hours…
BARNSLEY College's sports academy has received two major accolades from the national governing body for…
A JUNIOR football club is putting disabled football in the spotlight. AFC Pogmoor played its…
TWO friends have raised £1,000 for cancer charities by hosting a night of entertainment at…
SIR Steve Houghton has thanked everyone he has worked with over many years following news…
A REPORT on the HS2 has concluded that the demand for the high-speed rail link…
A MUCH-LOVED school employee had one last wish before she died - to hear the…
DICKIE Bird has been given yet another award - this one a little later than…
TWO Barnsley men facing attempted robbery charges are to make their first appearance at Sheffield…
