Farm businesses are urged to remain extra vigilant to the increased risk of fraud as they start to receive monies under the new Basic Payment Scheme.
Fraudsters are aware of the timing of BPS. And from this criminals are able to target specific individuals.
Members should look out for fraudsters calling or emailing claiming to represent their bank or the police. The victim is usually convinced to hand over bank account details.
The banks and Financial Fraud Action UK (FFA) have advised there are a number of simple rules that can be followed to reduce the chances of becoming a victim:
Any farmer who is concerned or suspicious should contact their bank in the first instance. More information on fraud prevention can be obtained from Financial Fraud Action UK (FFA UK)