Phone scam warning for businesses

A number of businesses in the Highlands have been defrauded of £2.5 million in a banking scam.

Police Scotland have issued a warning after the phone-based scam, known as vishing, hit companies between July 19-30.

Officers said a number of companies received calls from individuals claiming to work for their bank and using genuine-looking phone numbers.

The fraudsters claimed accounts had been compromised and persuaded victims to transfer money to a “safe account” in a number of transactions.

Police did not say how many businesses were caught up in the scam but said some of the money has been recovered, while work continues with banks to get more back. No arrests have been made.

Detective Inspector Iain McPhail, from the Economic Crime and Financial Investigation Unit, said: “These fraudsters are very convincing and have managed to obtain a significant amount of money from local businesses.

“These incidents are devastating for the people that fall victim to the scams.

“We are urging the public to be on their guard against unsolicited calls and be suspicious if someone reporting to be from your bank requests any of your bank or personal details as they should already have them.

“Always double check numbers you’re given to call back on or call through the main customer care number and ask to be put through.”