Swish warns of fraud – just this week

Swish warns of fraud just this week

In line with the development of technology, it has also resulted in more and more people being exposed to fraud. In recent years, fraudsters have adopted new tricks to refine their approach to get hold of your money.

In 2023 alone, a total of 238,371 fraud crimes were reported to the police, which was then an increase of 22 percent compared to the year before.

In other words, more and more people, unfortunately, fall into the clutches of the cunning fraudsters. And right now there is also the risk of running into them, at least Swish warns of that.

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Photo: Caisa Rasmussen / TT

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Crime profits for fraud 2023

In addition to the number of reports rising drastically in 2023, the proceeds of crime for fraud also increased by as much as 22 percent compared to the year before. The total criminal profits landed at SEK 7.5 billion.

According to the police, the profits are reinvested in new criminal schemes such as drugs and weapons.

Profits of Crime 2023 by Fraud Type:

  • Investment fraud: SEK 2.3 billion.
  • Telephone fraud: SEK 708 million.
  • Romance fraud: SEK 470 million.
  • Card fraud without a physical card: SEK 344 million.
  • Fraud where a person impersonates a company or authority: SEK 329 million.
  • Source: The police

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    Swish: Fraudsters more active during Black week

    Right now we are in the middle of the dark winter months. Something that usually brightens up life, however, is the time that prevails right now: Black week, which culminates with Black Friday on November 29.

    Shopping week is the time of year when Swedes spend large sums of money on everything from shopping to buying Christmas presents.

    Photo: Christine Olsson/TT

    In step with Black week and Black Friday, the activity of fraudsters also increases, Swish is now warning about this.

    They have gone out on their website and warned that anyone could be affected by their ever-evolving approach.

    “Black Friday is approaching, which for many marks the start of the annual Christmas shopping. It is not only shopping that is gaining momentum, but also the activity of fraudsters. And everyone can be affected,” writes Swish.

    In order for you to be able to protect yourself in the very best way when using or not using the Swish app, they have listed a few points for you to keep in mind during this time of year.

  • Never click on links in SMS or e-mails.
  • Never log in with your BankID or security box at someone else’s request.
  • Always check the recipient in the BankID app, for example if you are going to swipe someone.
  • Hang up if you receive a call if it feels strange.
  • Always be suspicious and consider if an offer is too good to be true, usually it is.
  • Report the fraud to the police and contact your bank if you suspect you have been victimized.
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    That’s how the Swedes swish

  • Swish was launched in Sweden in 2011.
  • Today, the beta app has 8,400,000 users.
  • In February 2024, Swedes swiped 77,769,179 times, for a total sum of SEK 39,873,738,634.
  • There are 325,000 companies in Sweden that take payments with Swish.
  • 20 percent of Swedes aged 16 to 54 prefer to pay with Swish.
  • It is also possible to swipe to numbers in eight other countries: Finland, Norway, Denmark, Germany, Austria, Belgium, Switzerland and Portugal.
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    Swish: “Fraud in various forms”

    In an interview with News24 account Jenny RagnartzPR and communications expert at Swish, that unfortunately there are frauds in a variety of forms – all the time. And even if the risk of a fraud during Black week does not necessarily happen to you, they still choose to remind the public to be extra careful.

    – Unfortunately, fraud occurs in various forms all the time. Therefore, we continuously inform on our website and in our social channels about this and what our users can think about to stay safe. We cannot see that fraud via Swish increases specifically during Black Week, but given that it is a shopping-intensive period, we remind you of this information now, she tells Nyheter24 and concludes:

    – If you suspect that you have been the victim of fraud, you should always contact your bank and report the incident to the police.

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