Ukraine War: Fraudsters Exploit Crisis To Steal Money

Fraudsters are masquerading as victims of the war in Ukraine in an attempt to steal money from well-meaning UK residents.

Con-artists are also seizing on people's eagerness to help victims of the crisis by creating false charity websites to trick people into donating.

One expert said the fraud was "evil", but unsurprising given the profile of the conflict.

The prevalence of such scams is expected to build in the coming weeks.

"As with every global crisis, we going to see a sharp increase in these scams," said fraud protection expert Charlie Shakeshaft.

He said three specific scams have started to emerge as fraudsters seek to exploit the situation.

The first is a donation scam. Fraudsters blitz people with emails or text messages encouraging them to give money to victims of the war. The messages include a link to a false charity website.

The messages may be directed at the numbers of people already on so-called suckers lists, because they have previously been tricked, or are promising targets for fraudsters.

The second scam uses emotional posts from fraudsters pretending to be victims of the war asking for money.

Thirdly, there is a variation of a common scam in which an individual is supposedly a Ukrainian businessman trying to move money out of the country, and who needs to use a bank account outside the country. In reality, it is a fraudster attempting to steal that volunteer's bank details and drain their account.

Separately, HM Revenue and Customs (HMRC) is warning people to be on their guard for scams following the deadline for self-assessment tax returns.

The UK's tax authority said it had received 570,000 reports of scam attempts in the last year.

Most prevalent at this time of year are texts, emails or calls either offering a "refund" or demanding unpaid tax, with victims mistakenly thinking the contact refers to their self-assessment return.

Phone calls had become more of an issue recently, HMRC said, with 3,995 reports in January compared with 425 in April 2020.

Myrtle Lloyd, HMRC's director general for customer services, said: "If someone contacts you saying they are from HMRC, wanting you to transfer money or give personal information, be on your guard."

She urged people not to be rushed, and to double check via a dedicated page on the government website.