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 Lottery scams - OFT in UK has some figures and info

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GomerPyle
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Joined: 04 Jan 2007
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PostPosted: Mon Jul 09, 2007 12:01 am Reply with quoteBack to top

http://www.oft.gov.uk/news/press/2007/80-07

This combines 'clairvoyant scams whatever they are - and obviously excludes other 419 scams but the figure, which is just for the UK, is frightening

Quote:
Recent research conducted by the OFT indicates that foreign lottery, prize draw and clairvoyant scams cost consumers more than Ł350 million every year, with individuals being targeted repeatedly and sometimes losing tens of thousands of pounds.


I wonder if they achieve as much as we do

Quote:
Mass marketed Scams are an OFT priority. Two years ago the OFT launched a Scambusters team and set up the Scams Enforcement Group with UK partner organisations focusing on law enforcement, consumer education and cooperation with public and private sector bodies to disrupt scammers' routes to market.


They do have some nicely explained examples here

http://www.oft.gov.uk/oft_at_work/consumer_initiatives/scams/scam-letters

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Josh
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PostPosted: Mon Jul 09, 2007 12:13 am Reply with quoteBack to top

Wow those are some pretty massive numbers. Sadly it's generally those least able to afford being scammed who are most likely to fall for them. In focusing on 419 scams we obviously are only really targetting a small part of the whole scamming empire.

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Afferbecklauder
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PostPosted: Mon Jul 09, 2007 4:57 am Reply with quoteBack to top

It's frightening. An excellent reason for targeting this scum, as the majority of victims would not bother to report a few hundred dollars.

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