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BVRLA warns of fraudulent leasing broker scammers

The BVRLA is warning on a spate of fraudulent leasing broker scammers who are using social media to part money from unsuspecting customers
Scammers using social media to lure customers into bogus leasing deals

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September 14, 2018

IN a new turn of fraudulent activity, the BVRLA is warning that scammers are posing as leasing brokers.

Bogus deals for vehicle leasing deals are appearing on social media and money is being extracted from unsuspecting customers.

The scammers are posing as BVRLA members to lure in customers with advertising headlines targeting those with poor credit ratings.

The BVRLA warns that any adverts that promote vehicle leasing deals that require ‘No credit checks’, promote ‘No deposit’ and ask people to ‘Direct Message’ via text to get the deal.

BVRLA Chief Executive, Gerry Keaney said:

“These criminals are purposely targeting the vulnerable, scamming money from people who can least afford to lose it. It’s deplorable. Their adverts can appear very convincing with some even posing as BVRLA members and citing membership numbers of legitimate members.

“We want to get the message out there that all legitimate leasing brokers adhere to Financial Conduct Authority rules and will carry out credit and affordability checks. Those who don’t, will not be legitimate traders and could be out to scam you.”

If you come across this scam, report it to Action Fraud quoting the reference: NRC 1808 0249 5417

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Nick Sharpe

Nick Sharpe

Nick Sharpe is an automotive content writer for Business Car Manager

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