Number spoofing facilitating fraud
A recorded call of a fraudster in action, the government plans to put more regulations in place for ‘cowboy’ car parking operators and an update on Amigo loans compensation scheme.
All too often we hear about fraudsters using the phone to trick victims into handing over thousands or tens of thousands of pounds and destroying lives in the process. But how often to we get to hear an actual recording of these criminals in action? We play a recording of a fraud call in progress because a criminal made the terrible mistake of calling our Money Box reporter Dan Whitworth. Paul Lewis talks to Graeme Biggar, Director General of National Economic Crime Centre for the National Crime Agency and MP Steve Baker, who's a member of the Treasury Select Committee.
The Government plans to put more regulations in place to address the widespread concerns about the poor practice and behaviour of private car parking operators.
A new code of practice will be drawn up, with the system being introduced by the middle of next year. Paul talks to Steve Clark, Director of Operations and Business Development, British Parking Association.
The FCA says it has no current plans to take further regulatory action against a compensation scheme set up by the guarantor loans lender Amigo - despite admitting the scheme might not be compatible with its current rules. Sara Williams, founder of the debt advice website Debt Camel, talks us through the latest developments.
Presenter: Paul Lewis
Reporter: Dan Whitworth
Researcher: Jonelle Awomoyi
Production Coordinator: Janet Staples
Producer: Ben Carter
Editor: Rosamund Jones
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- Sat 27 Mar 2021 12:04´óÏó´«Ã½ Radio 4
- Sun 28 Mar 2021 21:00´óÏó´«Ã½ Radio 4
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Money Box
The latest news from the world of personal finance