Fraud is on the rise, we’ll help to keep you protected

As reported by the UK Government website, “Fraudsters are exploiting the spread of coronavirus (COVID-19) in order to carry out fraud and cybercrime. Police have reported an increase in coronavirus related scams.”

The spike in fraudulent activity on both business and consumer levels has reached a 200% increase in some cases, with scammers looking to capitalise on vulnerable businesses and individuals during this time of global crisis.

Lease Group takes fraud extremely seriously and plays a pivotal role in protecting both our Partners and Funders from potentially catastrophic losses, now more than ever during these uncertain times.

Mobile phone fraud is the most likely to hit our Partner Channel, and we’ve seen a 400% increase in visits to Apple-related content on our websites. During this time we are being as diligent as ever to crack down on bogus lease applications, to keep our Partners and Funders safe from potential losses that could be detrimental to their business.

Our Lease Portal detects fraud via a sophisticated 25-step screening process, which unbeknown to many Partners, automatically runs during every single lease application we receive.

So, if you suspect anything to be bogus over the coming weeks, be diligent and trust your instincts. But if you do wish to pursue the opportunity, know that we are here to run an additional layer of checks to help keep you and your business protected.

It’s all part of the service.