Published on:
03
February 2012
A warning of a scam involving bogus telephone callers who ring to say you are owed a significant sum of money in relation to Loan Payment Protection Insurance (PPI) has been issued to residents and businesses by Stirling and Clackmannanshire Council Trading Standards.
The warning follows a number of complaints made to the Trading Standards Consumer Advice Team about the scam.
The caller asks you to buy a UK Credit Voucher or UKASH Voucher for £200, to cover an administration fee.
The caller states that once the money has been paid, a lawyer will then visit your address with the cash payment from the PPI Scheme. They then call you back and ask for the UKASH voucher number.
Once you give them the voucher number - they then 'cash' the Voucher online - and you never see the lawyer or your 'refunded' PPI money.
Councillor Eddie Carrick, Sustainability Portfolio Holder, said: " It is always very concerning to hear about these types of scams. There has been a lot of media coverage on the mis-selling of Payment Protection Insurance and it comes as no surprise that fraudsters are attempting to capitalise. They can be very convincing and often quote your name and address details. Our advice is that if you receive such an unsolicited telephone, do not divulge any personal information. The best thing to do is to hang up the phone."
If you have received such an unsolicited telephone call and wish to talk to a member of the Trading Standards Team, please phone 0845 277 7000.