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Fraudsters' Fake Products 'Could Cause Serious Damage'

You have heard and read so much about people using weight loss injections to get slim, it feels like it is time to try them out in the run-up to the festive season. The problem is expense.

Yet it appears alternatives exist instead of getting a prescription and going to the chemist. A text message arrives providing a URL to a website with much cheaper medication – and requiring no necessity to navigate proper procedures. And you saw a similar ad on social media recently, prompting you to go for it.

The problem is such promotions are highly likely to be fraudulent schemes. At best, you'll receive no product and lose whatever money you spent. At worst, you receive a fake version, with unknown ingredients which may result in severe health problems.

The popularity of legitimate weight loss medications has led to a rise in counterfeit products hitting the market and scams established to simply take people’s money.

Health authorities have warned against purchasing such unlawful weight loss medicines absent a doctor's order from beauty salons, bogus online chemists or through social media, saying they might include “toxins and additional components which may provoke real harm”.

Recent statistics from a high street bank show a sharp rise in the number of clients who have been affected by the fraud. According to the bank, the amount of money lost to fraudulent activities related to weight loss injections, pens, tablets and fat-dissolving products between July and September this year, was over twice the total sum stolen in the previous three months. The average scam sets back sufferers £120, reports indicate.

“Fraudsters are deliberately targeting people’s insecurities and health concerns, with these scams soaring in the past few months,” says a financial institution's fraud prevention lead.

What it looks like

Most occur on communication platforms and social media. Across platforms, an account may mimic the company that you are looking for, but you'll often notice slight variations in spelling or brand marks.

These communications or updates will frequently use pressure-inducing language such as “limited-time offer”, “special promotion” or “free giveaway”.

As the price of some legitimate weight loss jabs, has increased of late, the fraudsters will price their “product” lower.

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

What to do

Like any deceptive scheme, the old adage applies: should something seem overly advantageous, it likely isn't genuine.

Medical authorities have cautioned people to be highly vigilant when buying medicines via the web. They should only be obtained from a registered pharmacy using a prescription provided by a medical practitioner, it says. If sourced elsewhere, they may pose significant dangers to health.

Criminals can expend considerable effort to design their webpage or online profile look as authentic as possible. If they claim to be an online pharmacy located within Great Britain, it's possible to verify the online portal of the pharmaceutical regulatory body to confirm this is correctly licensed.

The writer

Kevin Garcia

Financial analyst specializing in precious metals and commodity markets with over a decade of experience.

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