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Fraudsters' Counterfeit Products 'Could Cause Real Harm'

You have come across a great deal about people using slimming jabs to get slim, it feels like the moment has come to try them out in the run-up to the holiday period. However, the issue lies in expense.

Yet it appears alternatives exist instead of obtaining a doctor's script and going to the pharmacy. An SMS arrives providing a URL to a website with much cheaper drugs – and with no necessity to go through proper procedures. You also noticed a similar ad on online platforms recently, prompting you to take the plunge.

The problem is these ads are almost certainly fraudulent schemes. In the best-case scenario, you'll receive no product and lose whatever money you paid. In the worst, you receive a counterfeit item, with unknown ingredients which may result in serious medical issues.

The widespread use of authentic slimming drugs has led to a rise in counterfeit products entering circulation and deceptive practices established to merely steal consumers' cash.

Medical regulators have warned against buying such unlawful slimming medications absent a doctor's order from beauty salons, bogus online chemists or through social media, stating they might include “toxins and other ingredients that could cause real harm”.

Recent statistics from a high street bank show a sharp rise in the number of customers who have been impacted by the fraud. According to the bank, the total sum stolen through fraudulent activities involving weight loss injections, pens, pills and lipid-reducing solutions during the third quarter this year, was more than double the overall amount lost in the prior quarter. The average scam costs victims £120, it says.

“Fraudsters are actively exploiting individuals' self-doubts and medical worries, with these scams soaring in recent months,” says a bank’s head of fraud.

How It Appears

Most occur on communication platforms and social media. Across platforms, an account may mimic the brand that you are looking for, but there will typically be subtle differences in text or logos.

These communications or posts will frequently use urgency-laden phrases such as “time-sensitive deal”, “special promotion” or “complimentary gift”.

As the price of certain authentic slimming injections, rose recently, the scammers will set the cost of their “product” lower.

“Buying from unapproved vendors online can come at a significant financial, health-related and psychological toll,” says the fraud expert.

What to do

As with all scams, the old adage holds true: if it appears overly advantageous, then it probably is.

Medical authorities have warned people to be extremely cautious when buying medicines online. They should only be obtained from a licensed chemist using a prescription provided by a medical practitioner, they advise. When procured from other sources, they may pose significant dangers to wellbeing.

Fraudsters can expend considerable effort to make their site or social media page appear completely genuine. If they claim to be an online pharmacy based in the UK, it's possible to verify the online portal of the pharmaceutical regulatory body to ensure this is properly registered.

By

Jeffery Irwin

A seasoned business strategist with over a decade of experience in international markets, specializing in digital transformation and growth hacking.

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