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Fraudsters' Counterfeit Goods 'Could Cause Serious Damage'

You have heard and read a great deal regarding the use of slimming jabs to lose weight, you feel the moment has come to try them out ahead of the holiday period. The problem is cost.

Yet it appears alternatives exist rather than obtaining a doctor's script and visiting the chemist. A text message arrives providing a URL to a website with much cheaper drugs – and with no necessity to go through proper procedures. You also noticed a comparable advertisement on online platforms recently, so you decide to go for it.

The catch is these ads are almost certainly fraudulent schemes. At best, you will be sent nothing and forfeit whatever money you spent. At worst, you obtain a counterfeit item, containing unspecified components that could lead to serious medical issues.

The popularity of authentic weight loss medications has resulted in a increase in fake goods entering circulation and deceptive practices established to merely steal people’s money.

Medical regulators have advised avoiding buying these illegal weight loss medicines absent a doctor's order from beauty salons, fake pharmacy websites or via digital platforms, stating they could contain “harmful substances and other ingredients which may provoke real harm”.

Recent statistics from a major retail bank reveal a significant surge in the number of customers who have been affected by the fraud. The bank says, the amount of money stolen through scams involving weight loss injections, pens, tablets and lipid-reducing solutions during the third quarter , was more than double the total sum lost in the previous three months. Each incident typically sets back sufferers £120, it says.

“Scammers are actively exploiting people’s insecurities and medical worries, with such frauds soaring in the past few months,” says a financial institution's fraud prevention lead.

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 spelling or brand marks.

These communications or updates will frequently use urgency-laden phrases such as “limited-time offer”, “exclusive deal” or “free giveaway”.

As the price of some legitimate weight loss jabs, rose recently, the scammers will set the cost of their “product” lower.

“Purchasing from unapproved vendors online can come at a serious financial, health-related and emotional cost,” warns the fraud expert.

What to do

As with all scams, the wise saying applies: should something seem too good to be true, it likely isn't genuine.

Medical authorities have warned people to be extremely cautious when buying medicines online. These products must solely be acquired from a registered pharmacy using a prescription provided by a healthcare professional, it says. If sourced elsewhere, they may pose serious risks to health.

Fraudsters can expend considerable effort to make their site or social media page appear completely genuine. Should they state to be an internet-based chemist based in Great Britain, you can check the website of the medicines oversight organisation to confirm this is properly registered.

LM
By

Lauren Mcmahon

A seasoned business consultant with over 15 years of experience in corporate strategy and digital transformation.

StrideField UK

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