Man arrested over £400,000 scam
PUBLISHED: 09:04 29 October 2014 | UPDATED: 09:04 29 October 2014
Elderly and vulnerable targeted
A man from Bromley has been arrested in connection with a £400,000 fraud affecting elderly and vulnerable people.
A gang of ten people – nine men and one woman - were arrested yesterday on suspicion of fraud and money laundering offences and are being questioned at a London police station.
Police believe they targeted elderly and vulnerable people in Dorset, Devon, Cornwall, Avon, Somerset, Gloucestershire and Wiltshire.
The victims were cold called at home by someone pretending to be a police officer, who told them their bank account had been compromised and persuaded them to transfer money into another account where the fraudsters could access it.
The gang are aged between 19 and 54 and all come from London, except one person who comes from Reading.
Some 17 addresses across the capital are being searched in connection with the investigation.
A Met Police spokesman said: “If you receive a call like this, hang up the phone.
“Wait at least five minutes before making any further calls to clear your line from the scammer. Do not hand over any money.
“Neither your bank nor the police will ever ask for your PIN or bank card or ask you to withdraw money.
“Never share your PIN with anyone and never hand your bank card or any goods you have bought as a result of a phonecall to anyone who comes to your front door.”
Anyone who thinks they have been a victim of a scam should call police.