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Fraudsters' Counterfeit Goods 'May Lead to Serious Damage'

You've heard and read so much about people using slimming jabs to lose weight, you feel the moment has come to give it a go in the run-up to the festive season. The problem is cost.

But it seems there are other options rather than getting a prescription and going to the pharmacy. An SMS comes through providing a URL to a website with much cheaper medication – and with no need to navigate proper procedures. And you saw a similar ad on online platforms recently, so you decide to take the plunge.

The catch is these ads are highly likely to be scams. At best, you will be sent nothing and forfeit whatever money you spent. In the worst, you obtain a counterfeit item, containing unspecified components which may result in serious medical issues.

The widespread use of authentic slimming drugs has led to a increase in fake goods entering circulation and deceptive practices established to simply take consumers' cash.

Medical regulators have advised avoiding buying these illegal slimming medications without a prescription from aesthetic clinics, bogus online chemists or through social media, saying they might include “toxins and additional components which may provoke genuine injury”.

Recent statistics from a high street bank show a significant surge in the quantity of customers who have been affected by the scam. According to the bank, the amount of money lost to scams involving slimming jabs, pens, pills and lipid-reducing solutions during the third quarter , was more than double the overall amount stolen in the prior quarter. The average scam sets back sufferers £120, it says.

“Scammers are actively exploiting people’s insecurities and medical worries, with these scams soaring in recent months,” notes a financial institution's fraud prevention lead.

How It Appears

The majority take place on communication platforms and social networks. On socials, a profile may mimic the company that you seek, but you'll often notice subtle differences in spelling or brand marks.

The messages or posts will frequently use pressure-inducing language such as “limited-time offer”, “exclusive deal” or “free giveaway”.

With the cost of certain authentic weight loss jabs, rose recently, the scammers will price their “product” lower.

“Purchasing from unverified sellers on the internet can come at a significant monetary, health-related and emotional cost,” says the security specialist.

Recommended Actions

Like any deceptive scheme, the wise saying holds true: if it appears too good to be true, it likely isn't genuine.

Medical authorities have warned people to be highly vigilant when buying medicines online. They should only be obtained from a licensed chemist using a prescription provided by a healthcare professional, it says. If sourced elsewhere, they can present significant dangers to wellbeing.

Fraudsters can expend considerable effort to make their site or online profile appear completely genuine. Should they state to be an online pharmacy based in the UK, it's possible to verify the website of the pharmaceutical regulatory body to ensure they are correctly licensed.

NB
By

Nicholas Brown

A venture capital analyst with over a decade of experience in European tech startups, specializing in early-stage funding and market disruption.

Roulette Ventures

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