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Fraudsters' Fake Goods 'Could Cause Serious Damage'

You've come across so much about people using weight loss injections to get slim, it feels like the moment has come to give it a go ahead of the holiday period. The problem is cost.

Yet it appears alternatives exist instead of obtaining a doctor's script and visiting the pharmacy. A text message arrives giving a link to a website with more affordable medication – and requiring no need to navigate proper procedures. And you saw a similar ad on social media recently, so you decide to take the plunge.

The catch is these ads are almost certainly fraudulent schemes. At best, you'll receive nothing and lose whatever money you paid. In the worst, you obtain a fake version, containing unspecified components which may result in serious medical issues.

The popularity of legitimate slimming drugs has led to a increase in counterfeit products entering circulation and deceptive practices set up to merely steal consumers' cash.

Medical regulators have warned against purchasing these illegal slimming medications without a prescription from beauty salons, fake pharmacy websites or through digital platforms, saying they could contain “toxins and additional components which may provoke genuine injury”.

New figures from a high street bank reveal a significant surge in the quantity of clients who have been affected by the scam. The bank says, the amount of money stolen through scams involving slimming jabs, pens, tablets and lipid-reducing solutions between July and September , was over twice the overall amount stolen in the previous three months. Each incident typically costs victims £120, reports indicate.

“Scammers are actively exploiting individuals' self-doubts and health concerns, with such frauds skyrocketing in the past few months,” says a financial institution's fraud prevention lead.

What it looks like

Most occur on messaging apps and social media. Across platforms, a profile may mimic the brand that you are looking for, but you'll often notice subtle differences in text or brand marks.

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

As the price of certain authentic slimming injections, rose recently, the fraudsters will set the cost of their “item” more cheaply.

“Buying from unverified sellers on the internet can come at a significant financial, medical and psychological toll,” warns the fraud expert.

What to do

Like any deceptive scheme, the old adage applies: if it appears too good to be true, it likely isn't genuine.

Medical authorities have warned people to be extremely cautious when purchasing medications via the web. These products must solely be acquired from a registered pharmacy with a valid script issued by a medical practitioner, it says. If sourced elsewhere, they may pose serious risks to wellbeing.

Criminals can expend considerable effort to design their webpage or online profile look as authentic as possible. If they claim to be an internet-based chemist located within the UK, it's possible to verify the online portal of the medicines oversight organisation to ensure this is properly registered.

The writer

Jennifer Ramirez

A seasoned financial analyst with over a decade of experience in corporate finance and investment strategies.

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