Agri-Shop Ltd
Farminguk
28 September 2016 | Online since 2003
Less co2 Limited


8 April 2014 06:19:01 |Finance,News

Farmers still being targeted in bank fraud scams


Farmers in the UK are continuing to be targeted in bank fraud scams, according to the National Farmers' Union.
Over the weekend, members in the Borders and Angus received fake phone calls and have contacted NFUS about unsuccessful attempts to strip thousands of pounds out of their farm accounts. Unfortunately, in recent weeks, a small number of Scottish farmers have been defrauded of substantial sums of money.
Given that reports of fraudsters contacting farmers are increasing and businesses have been affected, the Union feels vigilance must be stepped up.
Fraudsters contact farmers claiming that they represent their bank and that suspicious payments or cheques have been set up or drawn against their farm accounts. They then ask farmers to provide account details to make the account secure, with the intent of illegally accessing and using the funds in that account.
NFU Scotland’s Finance Director Colin Gordon said: “We are placing members on high alert as the number of farm businesses being targeted by fraudsters continues to grow. This is such a busy time of year for farming with lambing, calving and sowing that farmers could be easily caught out by alarming calls from people claiming to represent their bank’s fraud department.
“These criminals are organised, calculating and convincing – please do not fall for this. Some Scottish farmers now know from bitter experience that if you unwittingly provide your account information to the fraudsters, they will use it to strip your account.
“The banks have asked us to remind farmers that there are a number of simple things to remember to reduce the chances of becoming a victim of deception. Firstly, your bank will never phone or email you and ask for your account or password information. They will never ask you to make a payment over the phone by using your online account.
“Secondly, if you receive a call claiming to be from your bank and they suggest that you call them back, ensure that you can hear a dial tone first or, where possible, call the bank using a separate phone line from the one on which you received the inbound call. That will prevent a fraudster holding the line open to intercept your return call.
“Farmers need to be aware – but not alarmed – by this scam but any farmer who is concerned should contact their bank.”

Download

0 Comment

loginuserlogo
Name

Please enter your name


Email

Please enter your email

Please enter valid email


Comment

Please enter your comment


Post Comment

Your comment has been submitted successfully. Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


India | 27 September 2016
For a GM-driven agriculture revival

Agricultural growth has shown signs of stagnation of late. Some of the recent developments do not augur well for the sector and unless corrective measures are initiated, it could damage India’s long-t...


Ghana | 27 September 2016
African agriculture is powering economic transformation

The evidence is now in and the verdict is that Africa’s agriculture is powering economic transformation in the region. African agriculture has shown remarkable improvement compared to its precarious s...


USA | 27 September 2016
Wheat farmers ask RMA for help with falling numbers

They want USDA Risk Management Agency Administrator Brandon Willis to make an exception to the procedure the agency uses to calculate a farmer’s actual production history, or APH, said Michelle Hennin...


Ukraine | 27 September 2016
Ukraine mulls cancelling ban on farmland sale

The Ukrainian Agriculture Ministry said on Monday it had prepared a draft law on agricultural reform, which envisaged cancellation of a ban on the sale of the country's farmland. "Maybe at some st...


New Zealand | 27 September 2016
New Zealand to help boost local dairy industry

Thousands of Filipinos stand to benefit from technical interventions New Zealand committed to provide to boost the local dairy industry. Agriculture Secretary Emmanuel Piñol on Tuesday said Nathan ...



Trending Now

Viewed
Discussed


Top stories you may have missed
FarmingUK
FarmingUK Logo

FarmingUK

Labour will end the badger cull and prioritise ending bovine TB, Shadow Def...


FarmingUK
FarmingUK Logo

FarmingUK

A herd of rare White Park cattle could die out if its owners do not urgentl...


FarmingUK
FarmingUK Logo

FarmingUK

The UK government is "failing" to support farmers in the long-term accordin...


FarmingUK
FarmingUK Logo

FarmingUK

Retailer Co-op has announced that from May 2017 all of its bacon and lamb w...


FarmingUK
FarmingUK Logo

FarmingUK

Over 50 wildlife organisations have compiled a stock-take of all the UK's n...


FarmingUK
FarmingUK Logo

FarmingUK

In the run up to the EU farm ministers meeting the agricultural sector have...


FarmingUK
FarmingUK Logo

FarmingUK

The RPA must iron out a number of problems that still exist with 2015 BPS p...


FarmingUK
FarmingUK Logo

FarmingUK

Tourism businesses in the countryside are being held back due to the uncert...


FarmingUK
FarmingUK Logo

FarmingUK

A 24 point action plan aimed at revitalising Scotland's sheep sector after ...


FarmingUK
FarmingUK Logo

FarmingUK

A new survey has revealed that the vast majority of British consumers belie...


closeicon
Username
Password