COLD callers are scamming residents out of hundreds of pounds.
Police are warning people to be on their guard after a number of residents were targeted by unreputable firms promising thousands of pounds in PPI claims - if they purchased expensive ‘vouchers’ first.
But the ‘too good to be true’ offers were just that, leaving trusting residents out of pocket.
Sergeant Albert Yeoman, from South East Neighbourhood Policing Team said the callers can often sound genuine.
He said: “Residents are receiving telephone calls saying that their case has been assessed and they are entitled to a PPI refund.
“Residents may already have a case running with a service provider or it could be a cold call.
“The callers will appear very genuine and may even send a representative out to residents’ home address to complete paperwork.
“However the tell-tale sign that you are being deceived is that these callers will say that you are entitled to thousands of pounds but they need a payment upfront from you - this payment will normally be requested by way of payment vouchers, which can be purchased from local convenience stores and is normally anything between £100 and £1,000.
“Once you have purchased the vouchers they will telephone asking for the voucher numbers they will then tell you that the PPI refund will be in your bank account within the next hour - but it never appears.”
Sgt Yeoman said that when victims complain, they are often asked to pay out more cash in ‘administration fees’.
He added:“It is at this point most people realise it is a scam. If it sounds too good to be true then it probably is.
“If you do not have a PPI case currently running do not entertain these people. If you do have a case running these callers may have traced your details from illegal sources so always check with the company you are dealing with.
“Legitimate companies will never ask for monies in lieu of payouts.”