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Fraudsters' Counterfeit Goods 'May Lead to Real Harm'

You've come across so much about people using weight loss injections to lose weight, you feel it is time to try them out in the run-up to the holiday period. The problem is cost.

Yet it appears alternatives exist instead of getting a prescription and going to the chemist. A text message comes through giving a link to a website with much cheaper medication – and with no need to go through proper procedures. And you saw a similar ad on social media recently, prompting you to go for it.

The catch is such promotions are highly likely to be fraudulent schemes. In the best-case scenario, you will be sent no product and lose whatever money you spent. In the worst, you obtain a counterfeit item, with unknown ingredients which may result in serious medical issues.

The popularity of legitimate slimming drugs has resulted in a rise in fake goods entering circulation and deceptive practices set up to simply take people’s money.

Medical regulators have advised avoiding buying such unlawful weight loss medicines without a prescription from aesthetic clinics, fake pharmacy websites or through social media, saying they could contain “toxins and other ingredients that could cause real harm”.

New figures from a major retail bank show a significant surge in the quantity of clients who have been impacted by the fraud. According to the bank, the total sum stolen through fraudulent activities involving slimming jabs, injector pens, pills and lipid-reducing solutions between July and September this year, was over twice the total sum stolen in the prior quarter. The average scam costs victims £120, reports indicate.

“Fraudsters are deliberately targeting people’s insecurities and health concerns, with such frauds soaring in the past few months,” says a bank’s head of fraud.

What it looks like

Most take place on messaging apps and social media. On socials, an account may mimic the company that you seek, but you'll often notice subtle differences in spelling or brand marks.

These communications or posts will frequently use pressure-inducing language such as “limited-time offer”, “special promotion” or “complimentary gift”.

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

“Purchasing from unapproved vendors on the internet can entail a serious monetary, health-related and emotional cost,” says the fraud expert.

What to do

As with all scams, the old adage applies: if it appears overly advantageous, it likely isn't genuine.

Health regulators have warned people to be extremely cautious when buying medicines online. They should solely be acquired from a licensed chemist using a prescription issued by a medical practitioner, they advise. When procured from other sources, they can present serious risks to wellbeing.

Criminals can go to great lengths to design their webpage or online profile appear completely genuine. If they claim to be an internet-based chemist based in the UK, you can check the online portal of the medicines oversight organisation to confirm they are properly registered.

EW
About the author

Eric Wilkins

Elena Vance is a venture capital analyst with over a decade of experience in UK startup ecosystems, specializing in early-stage funding and market entry strategies.

SummitX Ventures

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