**Fraud Alert – Direct Debit**



Since the end of 2017 we have received a number of calls and emails from individuals regarding money that has been debited 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 with our clients or suppliers and we are not a loan company.

To re-emphasise – We do not take direct debits from anyone and we are not a loan company.

We strongly believe that most individuals who have contacted us to query why ‘Savant’ has debited money from their bank accounts, have likely been subjected to fraud.

If you now think you have been the subject of a fraud/scam 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.

 

Finally, we would also ask that your report this to the Financial Conduct Authority, who are the regulator for UK financial services including ‘pay-day’ loan companies.

Their number is 0800 111 6768.

 

 

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