£75m a year is lost to investment fraud on social mediaOver the past three years, there has been a significant increase in investment scams on social media. According to Action Fraud's data, investment scams related to social media have tripled since 2019, with total losses rising from £13m to £75m. We reveal the total losses and reports of investment scams across various social media platforms, along with our five tips for dodging them.
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Fake driving licence ads on Facebook and InstagramWe discovered multiple dodgy adverts claiming to sell UK driving licences on Facebook and Instagram. One ad promises to provide one for £600 within a few days, without requiring any theory or practical tests. Although some ads claim that they comply with the Driving and Vehicle Licensing Agency (DVLA), official UK driving licences can only be obtained after passing a theory test taken at an official Driving and Vehicle Standards Agency (DVSA) test centre, and a practical driving test conducted by instructors accredited by the DVSA.
We have examples of these misleading ads so that you can avoid them.
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From fake Royal Mail texts to phoney emails from ‘the Government’ claiming that you’ve been approved for the Energy Bill Support Scheme, have you seen our online tracker highlighting the latest scams? |
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Scam sharer tool |
There’s now a much easier way to make us aware of scams directly with our scam sharer tool. Tell us your experiences of phishing emails, fake texts, cold calls and other types of fraud. |
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Stay safe,
Which? Scam Alert Team
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