Watch Out For Conmen Trying To Get Their Hands on Your Personal Information to Sell on Black Market

Many people are conned into giving their personal information to people who will sell it on the black market of personal details each year, and many more are beginning to fall victim to these cons which can potentially end up in you losing money.
 
Oct. 4, 2011 - PRLog -- Many people are conned into giving their personal information to people who will sell it on the black market of personal details each year, and many more are beginning to fall victim to these cons which can potentially end up in you losing money.

“Experts are claiming that a multi-million pound black market dealing in peoples personal details is leaving people vulnerable to being the target of scammers,” said James Jones from Poor Credit Loans 4 You who specialise in helping acquire poor credit loans for people throughout the UK.     http://www.poor-credit-loans-4-you.co.uk/poor-credit-loans-for-poor-credit-loan-poor-credit-rating-loans-with-poor-credit-loans.html

The Office of Fair Trading (OFT) found evidence of firms using methods such as cold calling customers and leaving voicemails, texts and emails, pretending to be making calls on behalf of the government, making claims to be able to write off debt and other stories. Most of the companies trade illegally without the necessary licences and some also run misleading or fake websites.

The kind of companies that sell peoples information are called a “lead generation company” and can sell bits of information about people that is sometimes worth up to  £1000 to them.

“The details these companies will try to extract from you and sell on are your address, how much debt you may have, how many credit cards you have and with what companies you have financial dealings with,” said James Jones from Poor Credit Loans 4 You.    http://www.poor-credit-loans-4-you.co.uk/personal-loans-p...

These companies will try to get your information in many different ways. Some will simply dial numbers randomly and hope that they get through to people with debt problems, others will create websites and disguise themselves as reputable companies on search engines hoping you will click on their link and hand them your details.

The OFT says most of the companies are unlicensed and are operating illegally. “It’s a huge problem," said Nigel Cates, deputy director of consumer credit at the OFT. He also added, “These firms are often targeting desperate customers and using sharp tactics to extract personal information.”

Many different tactics are used to extract your personal information such as scam emails from HMRC, the emails generally come from address such as ‘securemail@hmrc.gov.uk’, ‘refunds@hmrc.gov.uk’ and hmrcrefunds@hmrc.gov.uk etc.

Or you may receive calls pretending to be from the Office of Fair Trading (OFT) where they will ask for personal and financial information.

Marc Gander from the consumer Action Group says, ‘Far too many people are failing prey to this hidden menace.

‘The Regulatory authorities have failed to take the iron-fisted approach necessary.’

‘The kind of people using these scams to get information to sell on do not care who they sell to, so your details could end up in the hands of thieves and lead to things such as identity theft etc. So stay safe, make sure not to give your details out to people who call you as the majority of companies will contact you for vital information via post. Even if you receive postal correspondence make sure to check that it is legit by calling the company on a number you know is theirs,' said James Jones from Poor Credit Loans 4 You.

Poor Credit Loans 4 You helps out people who fear they have been blacklisted because of past poor credit history which could include CCJ’s and defaults, arrears, late credit card payments or repossession.

Poor Credit Loans 4 You holds a Consumer Credit Licence issued by the Office of Fair Trading.

Poor Credit Loans 4 You is also covered by the Financial Ombudsman.

Poor Credit Loans 4 You is also registered with the Information Commissioner’s Office for Data Protection.

For help, phone 0800 215 5860
Or:        http://www.poor-credit-loans-4-you.co.uk/ccj-loans-for-po...

~Ends~

Notes for Editor:

Loans 4 You of London Ltd
Innovation Centre
Monks Brook
PO30 5WB
United Kingdom

Tel: Free Phone 0800 215 5860


Poor Credit Loans 4 You was formed in order to ensure people with poor credit had access to specialist help in securing the poor credit loans they need.

From its UK head office in Monks Brook, Loans 4 You operates across Britain, sourcing poor credit loans for people with poor credit

Poor Credit Loans 4 You holds a Consumer Credit Licence issued by the Office of Fair Trading.

Poor Credit Loans 4 You is also covered by the Financial Ombudsman.

Poor Credit Loans 4 You is also registered with the Information Commissioner’s Office for Data Protection.

# # #

Poor Credit Loans 4 You is a top UK specialist for Poor Credit Loans for people from all over the UK.

Its wealth of experience in the Poor Credit Loan industry means it gets the best deals for people seeking a poor credit loan.

Poor Credit Loans 4 You
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Tags:Financial Information, Phising, Financial Scams, Fraud Scams, Bank Fraud
Industry:Financial, Banking, Consumer
Location:Monks Brook - Hampshire - England
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Page Updated Last on: Oct 12, 2011
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