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Vehicle scams have soared by 74% in the UK in the first half of the year, with victims losing almost £1,000 on average, research suggests.

Victims, often responding to bogus online advertisements, are being duped into paying deposits to “secure” a vehicle in the face of what sellers claim is stiff competition, according to a study of its customers’ experiences by Lloyds Bank.

One of the nation’s favourite cars, the Ford Fiesta, is the most popular vehicle to be used in scams, the bank said, but BMWs and Audis also feature heavily among the fake ads, with motorbikes and classic cars also cropping up regularly.

Vans are also popular and there is a thriving trade in fake ads for parts and accessories, such as alloy wheels.

People aged between 25 and 34 are those most likely to be stung.

More than two thirds (68%) of all car and van scams analysed were advertised on Meta platforms, Facebook (including Facebook Marketplace) and Instagram, while 15% of vehicle scams began on eBay.

Fraudsters often include pictures of real cars or vans to convince the unsuspecting buyer that they are genuine.

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When someone responds, they will often be asked to make a deposit to “secure” the car, or even sometimes to pay the full amount, while the scammer makes excuses to explain why the car cannot be physically viewed beforehand.

Pressure-selling tactics, such as telling the buyer the car is very popular, that they have several other offers, or that the payment must be made by a certain deadline, are frequently employed.

Victims may be tricked into sending money via bank transfer and as soon as a payment is made, the buyer will be blocked and the seller’s profile will disappear.

Occasionally, a fake address will be provided at which to collect the car, leaving buyers with a wasted trip alongside the financial loss.

Luke’s story – a fake Fiesta from Philip

Luke (name changed) was searching for a new car on Facebook Marketplace when he saw an advert for a two-year old Ford Fiesta for £5,400.

While it didn’t appear to be local to where he lived, he contacted the seller, who called himself Philip.

Philip said the vehicle was still available but there was lots of interest from other prospective buyers, as it was a really good price and the vehicle was in great condition, implying Luke would have to move quickly.

On requesting more photos of the inside and outside of the car, Luke received the images, but thought they looked slightly different to the vehicle being advertised.

However he checked the car registration on the DVLA (Driver and Vehicle Licensing Agency) website, which confirmed it was taxed and had an MOT valid until May 2024.

When Luke asked to meet Philip in person to see the car, Philip refused, claiming he lived too far away and that he used a shipping company to deliver the vehicles he sold. However he said Luke could pay a deposit and then transfer the remaining balance after he had received the vehicle.

Luke still felt unsure about this, so to allay his concerns, Philip provided some personal details (including a copy of his passport) in an attempt to prove he was legitimate.

On agreeing to continue with the purchase, Luke was sent bank account details to make the initial payment. The account details were under the name of a different individual, who Philip claimed was his ‘Customer Support Manager’.

When Luke sent £540 as a 10% deposit on the total purchase price of the car, he received an email from Philip to say that the payment had gone through, and he would now arrange delivery.

Luke didn’t receive the vehicle. Philip’s profile disappeared from Facebook, and any attempts to contact him via email have gone unanswered.

Ford Fiestas have been highly popular in the genuine sales market, possibly because the manufacturer recently stopped making them.

Liz Ziegler, fraud prevention director at Lloyds Bank, called the rapid growth in reports of people being scammed when shopping for vehicles on social media “alarming”.

She said: “The vast majority of these scams start on Facebook, where it’s far too easy for criminals to set up fake profiles and advertise items that simply don’t exist.

“It’s time social media companies were held accountable for their lax approach to protecting consumers, given the vast majority of fraud starts on their platforms.

“Buying directly from approved dealers is the best way to guarantee you’re paying for a genuine vehicle, and always use your debit or credit card for maximum safety.

“If you do want to buy something you’ve found through social media, only transfer funds once the car is in your possession.”

A spokesperson for eBay said it is “very rare” for one of its users to be scammed and “thousands… buy and sell vehicles safely and successfully every day.

“We strongly recommend that anyone buying a vehicle on eBay view it in person before transferring any money.

“In the very rare instance that one of our users is a victim of a scam, we advise them to report it immediately to their local police force, Action Fraud and eBay.

Sky News has contacted Meta for comment.

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Senior King aide was head of royal protection when Prince Andrew ‘asked officer to dig up dirt on accuser’

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Senior King aide was head of royal protection when Prince Andrew 'asked officer to dig up dirt on accuser'

A current senior member of the King’s household was the head of royal protection at the time Prince Andrew allegedly asked one of his police officers to dig up dirt on Virginia Guiffre, Sky News has discovered.

Lord Peter Rosslyn, who is now Lord Steward and Personal Secretary to the King and Queen, was head of Royalty and Diplomatic Protection between 2003-2014.

It is not clear if Lord Rosslyn – known at the time as Commander Peter Loughborough – was made aware of Prince Andrew’s request. However, it reportedly happened in 2011 when it’s claimed Andrew wrote in an email that he passed the date of birth and confidential social security number of his accuser, Virginia Guiffre, to one of his close protection team to find out information about her.

Lord Peter Rosslyn arriving at the Duchess of Kent's funeral. Pic: PA
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Lord Peter Rosslyn arriving at the Duchess of Kent’s funeral. Pic: PA

At the weekend, the Metropolitan Police said it was “actively looking into the claims made”.

Sky News approached Lord Rosslyn for comment, which was passed to Buckingham Palace.

A palace spokesperson said: “As you may or may not be aware, Lord Rosslyn works for The Royal Household and thus this issue has been referred to me. However, since this matter relates to his time in service with the Metropolitan Police, they would be the appropriate body to approach with media enquiries of this nature.”

The Met Police had nothing further to add.

Police sources have told Sky News the officer (CPO) involved would have been expected to escalate this request from Andrew to his superiors.

While there may have been other members of senior staff between the CPO and Lord Rosslyn, the request should have been considered serious enough to be referred to the top of the Royalty and Diplomatic Service.

Those with knowledge of the royal household tell us Lord Rosslyn is one of the King’s closest and most trusted members of staff.

His role as Lord Steward involves managing all aspects of the King’s personal affairs, and the non-state business of the monarch.

Who is Lord Peter Rosslyn?

As well as being much respected by Queen Elizabeth II, and affectionately known as her “favourite policeman”, in 2014 Lord Rosslyn was appointed as Master of the Household of the then Prince of Wales and the Duchess of Cornwall at Clarence House.

In February 2003, he was made Lord Steward by the King, thereby becoming the “first dignitary of the King’s court” – a sign that the monarch wanted to keep him around.

While Andrew’s alleged attempts to smear Virginia Guiffre would have been morally wrong, he also would have been asking his police officer to put his career on the line.

Any attempt to use police databases to find information on an innocent individual not connected to a crime would have been a sackable offence, and unlawful.

In his statement on Friday, Prince Andrew again stressed that he vehemently denies the allegations against him.

A Buckingham Palace source told Sky News that the recent claims that have emerged are being viewed by the Royal Family with “very serious and grave concern” and “should be examined in the proper and fullest ways”.

Prince Andrew's signature
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Prince Andrew’s signature

Andrew should give evidence to US authorities – minister

The revelation comes as a government minister said Andrew should give evidence to US authorities – and anger grows after it emerged he had been paying “peppercorn rent” for two decades.

On Friday, Andrew announced he was giving up his royal titles, including the Duke of York, after new, damaging reports about his relationship with paedophile financier Jeffrey Epstein.

Passages from the memoir released on Tuesday of the late Virginia Giuffre, who accused Prince Andrew of sexually assaulting her, provide further details of their alleged encounters.

Prince Andrew has always strenuously denied the allegations.

Business Secretary Peter Kyle said on Tuesday he would “support” Prince Andrew giving evidence to US prosecutors.

He added he would also support any decision by the Met Police to investigate allegations that Prince Andrew used a Met bodyguard to gain information on Giuffre.

It comes as anger continues to grow over Prince Andrew’s housing arrangements.

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‘Victims should be in driver’s seat’

‘Peppercorn rent’

The royal has only paid “peppercorn rent” for more than two decades at his Windsor mansion, according to a National Audit Office report published in 2005.

“Peppercorn rent” is a legal term used in leases to show that rent technically exists, so the lease is valid, but it’s nominal, often literally £1 a year or just a symbolic amount.

In practice, it means the tenant pays no rent.

It also shows he was required to pay a further £7.5m for refurbishments.

A document from the Crown Estate also shows he signed a 75-year lease on the property in 2003.

It reveals he paid £1m for the lease and that since then he has paid “one peppercorn” of rent “if demanded” per year.

Read More:
Pressure grows on Andrew to be stripped of dukedom
Key claims from Andrew accuser’s posthumous memoir

The agreement also contains a clause which states the Crown Estate would have to pay Andrew around £558,000 if he gave up the lease.

Pressure is mounting on him to give up the 30-bedroom mansion.

Senior Tory Robert Jenrick called for Prince Andrew to live privately.

‘He has disgraced himself’

He said: “It’s about time Prince Andrew took himself off to live in private and make his own way in life.

“He has disgraced himself, he has embarrassed the royal family time and again. I don’t see why the taxpayer, frankly, should continue to foot the bill at all. The public are sick of him.”

Virginia Giuffre's posthumous memoir was released today. Pic: Reuters
Image:
Virginia Giuffre’s posthumous memoir was released today. Pic: Reuters

Mr Kyle, however, said that would be a question for King Charles.

But he did say MPs could bring forward a motion to strip Prince Andrew of his remaining titles, adding it would be up to Speaker Sir Lindsay Hoyle to choose one of these motions for debate.

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Bank tax could hurt households and business lending, UK’s biggest mortgage provider says

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Bank tax could hurt households and business lending, UK's biggest mortgage provider says

The chief executive of Lloyds Banking Group has warned that a tax raid on the banks could harm lending to households and businesses.

In an exclusive interview with Sky News at the government’s regional investment summit, Charlie Nunn urged the chancellor to ignore calls for a windfall tax on commercial banks even though the sector is enjoying record profits.

“If we are going to have the ability and the confidence to continue to lend into the real economy, to help households and businesses invest, we need to make sure that the financial services system and Lloyds Banking Group really remains healthy in that context,” he said.

Money latest: Which country pays the most for a pint?

Charlie Nunn was appointed Lloyds boss in November 2020. Pic: PA
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Charlie Nunn was appointed Lloyds boss in November 2020. Pic: PA

Britain’s four largest banks – HSBC, Barclays, Lloyds Banking Group and NatWest – posted record profits of £45.9bn last year and are on course for another bumper performance this year, thanks to higher interest rates.

Their financial success has raised speculation that the sector could be in the chancellor’s firing line at next month’s budget.

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Rachel Reeves could raise the bank surcharge – a levy on bank profits in addition to corporation tax.

The Conservative government cut the levy from 8% to 3% in 2023. Returning it to 8% could raise £2bn for a chancellor who needs to find anywhere up to £50bn to meet her fiscal rules.

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Chancellor faces tough budget choices

Some have suggested a separate windfall tax, which could raise closer to £8bn.

Mr Nunn said such a move risked undermining the health of a sector which underpins the country’s economic prosperity.

“Obviously, taxes are a matter for the government to look at. But it’s definitely one of the factors that impact our ability to support the real economy in the UK,” he said.

A raid on the banks would cause pain to a sector that is already facing substantial costs because of the car finance scandal.

Lloyds, one of the most exposed lenders, has set aside nearly £2bn to cover potential compensation arising from the Financial Conduct Authority’s (FCA) redress scheme.

The FCA established the scheme to draw a line under the long-running mis-selling scandal, in which lenders failed to disclose commission paid to brokers, meaning many customers ended up paying more than they should have for their car finance.

Under the FCA’s scheme, eligible customers – as many as 14.2 million – could receive an average of £700 each.

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Payouts due after motor finance scandal

There is mounting anger within the industry at the way the scheme, which is going out to consultation, has been set up. Mr Nunn said the proposal was too generous to customers and not proportionate to the harms actually caused to customers.

He did not rule out the possibility of a judicial review but, in the first instance, called for a rethink, warning that the current scheme risks scaring away investors, causing an exodus from the market and driving up the cost and availability of credit.

“When you look at the implication of what’s being proposed by the FCA, it’s going to potentially take 20 years of profitability of the car finance industry. And, what does that mean for invest ability in that industry and for other investors and businesses looking to invest in the UK? There’s real concern that this is going to create an invest ability issue,” he said.

“Our concern is will the industry continue to function? Will it support all customers across the whole of the UK that need finance? Will other investors be looking at this and wondering whether the UK is a place they should invest, if retrospectively we can take away 20 years of profits?”

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Anger grows over Prince Andrew’s ‘peppercorn rent’ arrangement as accuser’s memoirs released

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Senior King aide was head of royal protection when Prince Andrew 'asked officer to dig up dirt on accuser'

Prince Andrew should give evidence to US authorities, a government minister has said, as anger grows after it emerged he had been paying “peppercorn rent” for two decades.

On Friday, Prince Andrew announced he was giving up his royal titles, including the Duke of York, after new, damaging reports about his relationship with paedophile financier Jeffrey Epstein.

Passages from the memoir released on Tuesday of the late Virginia Giuffre, who accused Prince Andrew of sexually assaulting her, provide further details of their alleged encounters.

Prince Andrew has always strenuously denied the allegations.

Business Secretary Peter Kyle said on Tuesday he would “support” Prince Andrew giving evidence to US prosecutors.

He added he would also support any decision by the Met Police to investigate allegations that Prince Andrew used a Met bodyguard to gain information on Giuffre.

It comes as anger continues to grow over Prince Andrew’s housing arrangements.

Please use Chrome browser for a more accessible video player

‘Victims should be in driver’s seat’

‘Peppercorn rent’

The royal has only paid “peppercorn rent” for more than two decades at his Windsor mansion, according to a National Audit Office report published in 2005.

“Peppercorn rent” is a legal term used in leases to show that rent technically exists, so the lease is valid, but it’s nominal, often literally £1 a year or just a symbolic amount.

In practice, it means the tenant pays no rent.

It also shows he was required to pay a further £7.5m for refurbishments.

A document from the Crown Estate also shows he signed a 75-year lease on the property in 2003.

It reveals he paid £1m for the lease and that since then he has paid “one peppercorn” of rent “if demanded” per year.

Read More:
Pressure grows on Andrew to be stripped of dukedom
Key claims from Andrew accuser’s posthumous memoir

The agreement also contains a clause which states the Crown Estate would have to pay Andrew around £558,000 if he gave up the lease.

Pressure is mounting on him to give up the 30-bedroom mansion.

Senior Tory Robert Jenrick called for Prince Andrew to live privately.

‘He has disgraced himself’

He said: “It’s about time Prince Andrew took himself off to live in private and make his own way in life.

“He has disgraced himself, he has embarrassed the royal family time and again. I don’t see why the taxpayer, frankly, should continue to foot the bill at all. The public are sick of him.”

Virginia Giuffre's posthumous memoir was released today. Pic: Reuters
Image:
Virginia Giuffre’s posthumous memoir was released today. Pic: Reuters

Mr Kyle, however, said that would be a question for King Charles.

But he did say MPs could bring forward a motion to strip Prince Andrew of his remaining titles, adding it would be up to Speaker Sir Lindsay Hoyle to choose one of these motions for debate.

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