Purchase scams are when a fraudster sells you goods or services that you do not receive. It is a type of authorised push payment scam (APP scam) or bank transfer scam. We see a huge range of fake products or services offered by fraudsters such as vehicles, rental properties, building work or valuable items such as jewellery.
How people end up the victim of a purchase scam varies hugely. Often scammers will create adverts on Ebay, Gumtree, Facebook Marketplace or other legitimate platforms. However, sometimes the scammer will even meet you in person (such as builder scams) so you always have to be vigilant.
Scams we have seen
We are a Claims Management Company regulated by the FCA. Founded with a clear sense of purpose. You will only work with experts when you deal with AlgoRefund.
AlgoRefund Ltd is a claims management company authorized and regulated by the Financial Conduct Authority in respect of regulated claims management activity. FRN: 937096. Registered with the Information Commissioners Office; registration number: A8986071. Registered office address: AlgoRefund Ltd, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE. Registered as a company in England & Wales; number: 50255931.
