My teenage son was scammed for £10,000 on Snapchat: What can we do? – iNews

Our son was away at university when a letter arrived at our home, addressed to him, from Nationwide. It revealed that he had taken out a loan for £10,000 and that he was two months in arrears. After a tearful conversation he explained that he had been scammed on Snapchat, threatened and that he was feeling suicidal. The loan was paid to his Santander current account, from which he then sent money to the fraudster’s account. What can we do? Sam Richardson, Which?‘s deputy Money editor, says: I’m very sorry to hear this. It’s a reminder of the devastating impact that fraud can have on both the victim and their family. It is also a stark reminder that, due to the increasingly sophisticated and evolving tactics of fraudsters, any of us can be at risk. Scams can begin in unlikely places: your son was first approached on social media app Snapchat, by a fraudster claiming your son could make money through a bitcoin trading scheme.At this point you’d expect the fraudster to ask for money – but what they were interested in were details, specifically the personal details they would need to apply for the £10,000 loan in your son’s name.…
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