Skip to content
Optima Exchange UK provides expert forex trading insights, …

Scammers' Fake Products 'May Lead to Serious Damage'

You have come across so much about people using slimming jabs to lose weight, you feel the moment has come to give it a go ahead of the holiday period. However, the issue lies in cost.

But it seems there are other options instead of obtaining a doctor's script and visiting the chemist. A text message comes through giving a link to a website with more affordable drugs – and requiring no need to go through official channels. And you saw a similar ad on online platforms the other day, so you decide to take the plunge.

The catch is such promotions are almost certainly fraudulent schemes. At best, you'll receive no product and forfeit any funds you paid. In the worst, you obtain a counterfeit item, containing unspecified components that could lead to serious medical issues.

The widespread use of authentic weight loss medications has led to a rise in fake goods entering circulation and deceptive practices set up to simply take consumers' cash.

Medical regulators have warned against purchasing these illegal weight loss medicines absent a doctor's order from aesthetic clinics, fake pharmacy websites or through social media, saying they might include “harmful substances and additional components which may provoke genuine injury”.

Recent statistics from a major retail bank show a sharp rise in the number of clients who have been impacted by the scam. The bank says, the amount of money lost to fraudulent activities related to weight loss injections, pens, pills and lipid-reducing solutions during the third quarter , was more than double the overall amount stolen in the previous three months. Each incident typically sets back sufferers £120, it says.

“Scammers are deliberately targeting individuals' self-doubts and health concerns, with such frauds soaring in recent months,” notes a financial institution's fraud prevention lead.

What it looks like

Most take place on communication platforms and social networks. On socials, a profile may imitate the company that you seek, but you'll often notice slight variations in text or logos.

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

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

“Buying from unapproved vendors online can entail a significant financial, health-related and emotional cost,” warns the security specialist.

What to do

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

Health regulators have cautioned people to be highly vigilant when buying medicines via the web. These products must only be obtained from a registered pharmacy using a prescription issued by a medical practitioner, they advise. If sourced elsewhere, they may pose serious risks to wellbeing.

Fraudsters can go to great lengths to design their webpage or online profile appear completely genuine. If they claim to be an online pharmacy located within the UK, it's possible to verify the website of the medicines oversight organisation to ensure they are correctly licensed.

MG
The writer

Michelle Garcia

Elara Vance is a financial analyst with over a decade of experience in forex markets, specializing in risk management and technical analysis.

Optima Exchange UK

Type to search articles.