Since the end of 2017 we have received a number of calls and emails from individuals regarding money that has been taken from their bank accounts, with the name ‘Savant’ appearing in the Description/Reference area of their bank statement.
Additionally, some of the individuals who have contacted us mentioned that they recently entered their bank details into ‘pay-day’ loans / short-term unsecured loans websites
Please be aware; our business bank account is not named ‘Savant’, nor do we have any direct debit arrangements, etc., with our clients or suppliers, and we are not a loan company.
To re-emphasise – We do not take direct debits from anyone or charges from bank cards, etc!
We strongly believe that most individuals who have contacted us to query why ‘Savant’ has taken money from their bank accounts, have likely been subjected to fraud.
If you have been affected by this, and now think you have likely been the subject of a fraud or scam then we advise you to report it to ActionFraud, which is the UK’s national fraud and cyber crime reporting centre.
Their website site is https://www.actionfraud.police.uk/ or call them on 0300 123 2040. Please do this as soon as possible.
You also need to contact your bank and report it to their fraud team as soon as possible.
You may also wish to report this to your local police, and the Financial Conduct Authority (who are the regulator for UK financial services including ‘pay-day’ loan companies). Their number is 0800 111 6768.