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Scammers' Counterfeit Goods 'Could Cause Real Harm'

You have heard and read so much regarding the use of weight loss injections to lose weight, it feels like the moment has come to give it a go in the run-up to the festive season. The problem is cost.

But it seems alternatives exist instead of getting a prescription and going to the pharmacy. An SMS arrives providing a URL to a website with much cheaper medication – and with no necessity to navigate proper procedures. And you saw a comparable advertisement on social media the other day, prompting you to take the plunge.

The problem is these ads are highly likely to be scams. At best, you'll receive nothing and forfeit whatever money you spent. At worst, you obtain a fake version, containing unspecified components which may result in severe health problems.

The popularity of legitimate slimming drugs has led to a increase in fake goods hitting the market and scams set up to simply take consumers' cash.

Health authorities have advised avoiding buying these illegal weight loss medicines absent a doctor's order from beauty salons, bogus online chemists or via social media, stating they might include “harmful substances and additional components that could cause genuine injury”.

New figures from a major retail bank show a sharp rise in the quantity of customers who have been affected by the scam. According to the bank, the amount of money lost to scams related to weight loss injections, pens, tablets and fat-dissolving products between July and September , was over twice the total sum stolen in the prior quarter. The average scam sets back sufferers £120, it says.

“Scammers are actively exploiting people’s insecurities and health concerns, with these scams soaring in recent months,” notes a financial institution's fraud prevention lead.

How It Appears

Most take place on messaging apps and social media. Across platforms, a profile may imitate the brand that you are looking for, but there will typically be subtle differences in text or logos.

These communications or posts will often use pressure-inducing language such as “limited-time offer”, “special promotion” or “complimentary gift”.

With the cost of some legitimate slimming injections, rose of late, the fraudsters will set the cost of their “product” lower.

“Purchasing from unverified sellers on the internet can entail a significant monetary, health-related and psychological toll,” warns the fraud expert.

Recommended Actions

As with all scams, the old adage applies: if it appears overly advantageous, it likely isn't genuine.

Health regulators have cautioned people to be extremely cautious when buying medicines via the web. These products must only be obtained from a registered pharmacy using a prescription provided by a medical practitioner, it says. If sourced elsewhere, they can present serious risks to wellbeing.

Criminals can expend considerable effort to design their webpage or online profile appear completely genuine. Should they state to be an online pharmacy located within the UK, it's possible to verify the online portal of the medicines oversight organisation to ensure this is properly registered.

SB
Written by

Sara Barker

A seasoned financial analyst with over a decade of experience in global markets, specializing in UK economic trends and investment strategies.

Regal Exchange UK

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