Lottery Fraud Costs Victims £1m

Criminals are experts at impersonating organisations and will mimic a number of well-known prize draws to take advantage of unsuspecting victims.

Between April and October 2021, Britain's online crime portal Action Fraud received 629 reports of lottery fraud, with 89 per cent of reports mentioning well-known prize draws. Impersonation of People’s Postcode Lottery accounted for almost half (49 per cent) of all reports.

Often criminals will contact unsuspecting victims saying they have won a lottery or prize draw. The victim is then told to pay an advance fee in order to receive their winnings. In reality, the winnings are non-existent and it is an attempt to steal the victims money and or financial information.

“Remember, you can’t win a draw that you haven’t entered so if you’re contacted out of the blue claiming you’ve won a prize draw but can only access these winnings by paying an advance fee: stop and think as it’s likely to be a scam. This could protect you and your money,” said Detective Chief Inspector Craig Mullish, of the City of London Police 

Almost three quarters of victims (70 per cent) were aged over 50, with those aged over 65 accounting for 40 per cent of reports.

Over half of the reports (59 per cent) mentioned being contacted via telephone. Other methods of contact reported by victims included email (21 per cent) and postal letter (10 per cent). Almost have of victims (41 per cent) said they were asked to pay the advance fee to release the alleged winnings by purchasing gift cards and relaying codes to the fraudster.

  • Fraudsters use gift cards as a form of payment as they can be easily redeemed and sold on. These criminals also don’t need the physical card to redeem the value and instead get victims to share the serial code on the back of the card with them.
  • In other instances, victims reported being asked for personal and financial information in order to obtain their alleged winnings. Some victims reported providing their bank details thinking they would be sent a small payment to verify the account. In reality, criminals will use these details to steal the victims money.

Another version of unexpected prize scams involves scammers gaining access to someone’s social media account and contacting extended family members (aunts, cousins etc) and telling them that they have all won money. The scammer then provides an email address through which they will receive instructions on how to claim their prize.

This is a particularly insidious version of the scam as it uses the trust between family members to succeed in scamming people out of their money.

Action Fraud:      Scamwatch

You Might Also Read: 

One Fifth Of British Adults Suffer Online Fraud:

 

« Wind Turbine Maker Shuts Down Computer Systems
Online Campaign To Influence Presidential Elections - Iranians Charged »

CyberSecurity Jobsite
Check Point

Directory of Suppliers

CSI Consulting Services

CSI Consulting Services

Get Advice From The Experts: * Training * Penetration Testing * Data Governance * GDPR Compliance. Connecting you to the best in the business.

Practice Labs

Practice Labs

Practice Labs is an IT competency hub, where live-lab environments give access to real equipment for hands-on practice of essential cybersecurity skills.

Alvacomm

Alvacomm

Alvacomm offers holistic VIP cybersecurity services, providing comprehensive protection against cyber threats. Our solutions include risk assessment, threat detection, incident response.

Jooble

Jooble

Jooble is a job search aggregator operating in 71 countries worldwide. We simplify the job search process by displaying active job ads from major job boards and career sites across the internet.

Resecurity

Resecurity

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

SABSACourses

SABSACourses

SABSA is a development process used for solving complex problems such as IT Operations, Risk Management, Compliance & Audit functions.

CloudCodes Software

CloudCodes Software

CloudCodes is a cloud security solutions provider focused on providing cloud security solutions to enterprise customers.

National Authority Against Electronic Attacks (NAAEA) - Greece

National Authority Against Electronic Attacks (NAAEA) - Greece

The National Authority Against Electronic Attacks (NAAEA) is the national computer emergency response team of Greece.

IDnext

IDnext

IDnext is the open and independent platform to support innovative approaches in the world of the Digital identity.

Securely

Securely

Securely Ltd. is an IT consulting and services firm specializing in PKI solutions and products.

ThreatBook

ThreatBook

ThreatBook is dedicated to providing real-time, accurate and actionable threat intelligence to block, detect and prevent attacks.

Cobalt Labs

Cobalt Labs

Pen Testing as a Service for Modern SaaS Businesses. Cobalt is redefining the modern pen test for companies who want serious hacker-like testing built into their development cycle.

ITRenew

ITRenew

ITRenew is a leading global IT lifecycle management solutions company, specializing in onsite data center decommissioning and data erasure services.

National Cybersecurity Competence Centre (NC3) - Czech Republic

National Cybersecurity Competence Centre (NC3) - Czech Republic

NC3 has been established in response to growing demands for practically applicable products and solutions for ensuring cybersecurity of critical and non-critical information infrastructures.

SecureStream Technologies

SecureStream Technologies

SecureStream Technologies have built the IoT SafetyNet - the Network Security Analytics platform to Eliminate Security Threats, Guarantee Privacy, Ensure Compliance, Simply & Easily.

ArmorCode

ArmorCode

ArmorCode's intelligent application security platform gives us unified visibility into AppSec postures and automates complex DevSecOps workflows.

PROW Information Technology

PROW Information Technology

PROW is at the forefront of the technology and digital revolution with a focus and mastery in the cybersecurity, information security and data management realms.

ALSCO

ALSCO

ALSCO is dedicated to bringing first class IT services, technical support, and solutions to goverment, companies and organizations worldwide.

ANSSI Burkina Faso

ANSSI Burkina Faso

ANSSI is responsible for managing the security of information systems and cyberspace in Burkina Faso.

Infrassist Technologies

Infrassist Technologies

We're Infrassist - a trusted white label Managed IT & Professional Services partner for MSP businesses.

Infratech

Infratech

Infratech is a leading Saudi company providing cutting-edge services and solutions in IT Infrastructure, IT Security and Digital Transformation.