Urgent warning over car finance scam as victim tells of £3,000 loss
manchestereveningnews.co.ukSocial media users on both Facebook and Instagram are being warned to watch out after a string of malicious posts which could cost them money.
Consumer champion Which? warned that scam adverts are claiming motorists are owed compensation through mis-sold car finance.
The advert generally claims that those who purchased a car between 2020 and 2021 may be eligible for a huge payout. However, the real reason behind the adverts is far more sinister.
For the scammers are hoping to steal your personal information so they can continue a campaign of scams in the future. If a vulnerable social media user clicks on these adverts and provides their email address and phone number, they are often told someone will contact them in 24 hours to go over their supposed claim.
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