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Scammers' Fake Goods 'Could Cause Real Harm'

You've heard and read a great deal about people using slimming jabs to lose weight, you feel it is time to give it a go ahead of the holiday period. However, the issue lies in cost.

Yet it appears there are other options rather than obtaining a doctor's script and going to the chemist. A text message comes through providing a URL to a site with much cheaper medication – and requiring no need to go through official channels. And you saw a similar ad on social media recently, prompting you to take the plunge.

The problem is these ads are highly likely to be scams. At best, you'll receive no product and forfeit any funds you paid. At worst, you receive a fake version, with unknown ingredients that could lead to severe health problems.

The widespread use of authentic slimming drugs has resulted in a rise in counterfeit products hitting the market and scams set up to merely steal people’s money.

Health authorities have warned against buying such unlawful weight loss medicines absent a doctor's order from aesthetic clinics, bogus online chemists or through digital platforms, stating they could contain “harmful substances and other ingredients which may provoke real harm”.

New figures from a major retail bank show a significant surge in the number of customers who have been affected by the scam. The bank says, the amount of money stolen through fraudulent activities related to weight loss injections, injector pens, pills and lipid-reducing solutions during the third quarter this year, was more than double the overall amount lost in the previous three months. The average scam costs victims £120, it says.

“Scammers are actively exploiting individuals' self-doubts and medical worries, with these scams skyrocketing in the past few months,” notes a bank’s head of fraud.

How It Appears

The majority take place on communication platforms and social media. On socials, a profile may mimic the company that you seek, but there will typically be subtle differences in text or logos.

The messages or updates will often use pressure-inducing language such as “limited-time offer”, “exclusive deal” or “free giveaway”.

As the price of some legitimate slimming injections, rose of late, the fraudsters will set the cost of their “product” more cheaply.

“Purchasing from unapproved vendors online can entail a significant monetary, health-related and psychological toll,” says the fraud expert.

Recommended Actions

As with all scams, the wise saying applies: should something seem overly advantageous, it likely isn't genuine.

Health regulators have warned people to be extremely cautious when buying medicines via the web. These products must only be obtained from a registered pharmacy using a prescription issued by a medical practitioner, they advise. When procured from other sources, they may pose significant dangers to health.

Fraudsters can go to great lengths to design their webpage or online profile appear completely genuine. Should they state to be an online pharmacy based in the UK, it's possible to verify the website of the medicines oversight organisation to ensure they are properly registered.

MC
About the author

Mary Carter

A financial analyst with over a decade of experience in forex and cryptocurrency markets, specializing in algorithmic trading strategies.

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