Fraudsters trick pensioner out of £12,000 in PPI scam

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Fraudsters have tricked a pensioner from St Leonards out of £12,000.

A bogus firm contacted the victim promising large sums of money between July and September,

He was told he may have been mis-sold a Payment Protection Insurance policy on a loan taken out many years before.

The company promised a compensation cheque of £8,000 but said it would need its fees paid upfront before the compensation money could be released.

It was only when the man had made several payments through a bank that he began to doubt the company’s legitimacy.

In total he gave the fake company around £12,000 and got nothing but empty promises in return.

Just last month a pensioner from Wykeham Road was conned out of £5,000 by a bogus police officer on Friday (August 1).

And earlier this year The Observer reported how pensioners across Sussex are handing over millions of pounds to criminals through scam mail frauds.

Sussex Police claims to be the first force to have quantified the scale of the fraud in the county. Criminals worldwide are sending millions of scam letters into the UK, targeting elderly, vulnerable members of our communities.

Working with the Metropolitan Police and the National Scams Hub, set up by East Sussex Trading Standards, Sussex Police obtained a list of potential victims containing the names and addresses of 1,537 people living in Sussex.

Detective sergeant Tony Webb, of Hastings CID, said: “Although the name of the fake PPI company isn’t known there is a lesson here.

“Always be suspicious of people that offer a large financial benefit for an initial investment fee.

“If you believe that you are entitled to PPI compensation, seek professional advice and do your own research first.”