Purchase Scams

Stay Alert: Purchase Scam Risks

Purchase Scams

Spot the traps before it’s too late

Purchase scams are when a fraudster sells you goods or services that you do not receive. It is a type of authorised push payment scam (APP scam) or bank transfer scam. We see a huge range of fake products or services offered by fraudsters such as vehicles, rental properties, building work or valuable items such as jewellery.

Purchase Scam Awareness

About Purchase Scams

How people end up the victim of a purchase scam varies hugely. Often scammers will create adverts on Ebay, Gumtree, Facebook Marketplace or other legitimate platforms. However, sometimes the scammer will even meet you in person (such as builder scams) so you always have to be vigilant.

What to do if you’ve lost money in a purchase scam

At RecoverItBack, purchase scams are something we regularly see. In many cases, we can help, especially when the payment was transferred from a bank account. As a regulated claims management company, if you’d like our help, just complete our online claim form or give us a call. Remember, you can do it yourself for free by taking your case to the Financial Ombudsman Service.

What Purchase Scams Should I Look Out For?

1. Vehicle Purchase Scam

Fraudsters advertise cars, motorbikes or vans online at attractive prices. Victims pay deposits or full amounts, only to find the vehicle never exists or is never delivered.

2. Builder Purchase Scam

Scammers pose as builders or tradesmen, taking upfront payments for building work, renovations or repairs. Once paid, they vanish without completing the work or provide poor-quality results.

Lost money in a purchase scam?

What to do next

At RecoverItBack, purchase scams are something we regularly deal with. In many cases, we can help — especially when the money was transferred via a bank account.

Remember: you can also take your case to the Financial Ombudsman Service for free.

If you’d like more specific information on how purchase scams work, check out our scam blog posts below.

Get Professional Help

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