Authorised Push Payment Fraud: How Scammers Try To Trick You

Based on 2+ years of research, and featuring numerous audio recordings of real scammers, this handy guide aims to explain the manipulation, grooming, and coercion tactics used by scammers in this widespread fraud. Victims are persuaded to move their money to the criminals' bank account, in the belief that their own account has been compromised. Victims may also be told to withdraw cash and send it to an "anti-fraud investigator" aka money mule. Chapter marks:
00:16:00 Introduction
00:01:03 Recorded Message examples
00:03:26 Scammer 1 (Introducer, "Visa Security", "from your bank")
00:06:17 Scammer 2 (main criminal, bank anti-fraud department, Action Fraud, National Crime Agency, Police)
00:09:37 Constant repetition to convince you
00:11:55 Applying pressure (new payment attempt)
00:14:42 Other people had money stolen - so could you
00:15:21 Somebody at your local bank is a criminal
00:21:53 Did you notice odd behaviour
00:22:45 Applying pressure (freezing your account)
00:24:17 Setting a trap for the made-up criminal
00:25:48 Tell no one about this
00:26:47 Applying pressure (your phone is tapped)
00:27:23 Scammers prefer Remote Access Software
00:27:43 Go to your bank, move your money to scammer's "safe account"
00:32:35 You select how much from the choices the scammer gives you
00:33:59 How they will unmask the made-up criminal
00:36:10 Who really owns the "safe account"?
00:36:50 Variation - take out thousands in cash
00:38:11 How to post your cash
00:41:03 Other ways of stealing your money
00:41:19 Scammer drills you - what to say at your bank, how to lie
00:47:55 Scammer role-plays your bank visit
00:55:59 Scammer tells you to get dressed up
00:55:44 Applying pressure (watching you on bank CCTV cameras)
00:57:28 Concluding comments
00:58:48 Jaunty outro music to sweep away the negativity of the scammers
In the UK alone in 2022, losses due to Authorised Push Payment Fraud (and these phone calls are just one method of running the crime) reached £485.2 million:
www.ukfinance.org.uk/news-and...
If Visa, Barclays, HSBC, Lloyds, NatWest, Santander, Tide Clearbank, TSB and other institutions were to join forces on this issue, imagine what they could achieve. With their combined financial clout, they could finance a proper investigation into the scammers who impersonate their employees and misrepresent their companies. Money talks, and it might help to remove some of the curious obstacles that currently prevent local law enforcement authorities from showing an interest. Bringing these scammers to justice would enable the banks to protect their customers by preventing this crime before it starts - and it would probably work out cheaper for them in the long run.

[@catflap001]

Welcome back, Major! So wonderful to see you back again!

[@palimpsest2011]

Many thanks. Still keeping to my highly irregular upload schedule. In fact I'm not sure I can dignify it with the description "schedule".

[@catflap001]

@@palimpsest2011 that's okay. No problem. I'm always on the lookout for your new videos.

[@medea27]

This is gold - immediately subbed! 👍 Given I just had this video randomly recommended to me, I hope the RUclips algorithm gods push this out to as many people as possible because it's a very important PSA.
And as an Aussie, it was interesting to hear that our "Australian Bureau Of Investigation" has jurisdiction in the UK over the London Police... who would have thought an upstart colony would gain so much power! 😂

[@palimpsest2011]

Thank you! The recommendation algorithm is a curious thing - I'm surprised my video attracted its attention, as my viewing figures are never going to bother RUclips's trending tables.

[@gerryegan4872]

Well done again major, just keep giving these so called people hell. Love your video's.

[@tenhats7036]

Always interresting to visit your channel. I like your intro music and would like to know what is is, can you help me?

[@palimpsest2011]

I'm using Movavi Video Editor, and the intro music is one of Movavi's music tracks - it's just called "Lounge". Listening to scammers can get a bit grimy, so I wanted a jaunty piece of music to counteract that feeling. On other videos I use royalty-free construction kits, though one of the problems with those can be other people "publishing" that music and asserting their copyright over it, which means one or two of my videos end up earning money for them. From time to time I'll throw together something that vaguely resembles music myself.

[@tenhats7036]

@@palimpsest2011 Thank you for your quick replay. That music rings a remembrance in me that i can't quite catch.