Pet scam warning from major bank after surge in reports

Signal as much as our free cash e-newsletter for funding evaluation and professional recommendation that can assist you construct wealth

Signal as much as our free cash e-mail for assist constructing your wealth

Signal as much as our free cash e-mail for assist constructing your wealth

Reviews of pet scams have surged in latest months, in keeping with information from a serious financial institution.

Santander UK, whose “scamtracker” tracks authorised push fee (APP) scams, stated that between January and March practically £160,000 was stolen from clients responding to listings on social media and on-line promoting platforms providing pets on the market.

This in contrast with a complete of £29,735 reported stolen on account of pet scams reported within the fourth quarter of 2025.

The financial institution’s information signifies that ladies and clients aged 46-plus are significantly prone to be focused.

Widespread ways utilized by scammers embrace asking for cash upfront as a deposit, requesting funds to cowl supply of a pet, or cash to cowl vet payments and immunisations.

Claims obtained by the financial institution have concerned a spread of animals, from fascinating breeds of cats and canines, comparable to miniature dachshunds and cockapoo puppies, to parrots, reptiles, fish and horses.

In complete, greater than £3.4 million was stolen through buy scams within the first quarter 2026, Santander stated, with pet-related scams being the second greatest rip-off when it comes to losses after automobile scams.

Chris Ainsley, head of fraud threat administration at Santander UK stated: “If 2026 is the yr you intend to welcome a furry, feathered and even scaly companion into your private home, it’s important to do your homework.

“All the time analysis the vendor rigorously and select respected sources. Taking these steps gained’t simply shield your funds – it additionally helps guarantee your new pet has come from a secure, and accountable setting.”

Listed below are some solutions from Santander UK to keep away from pet scams:

Get a free fractional share value as much as £100.Capital in danger.

Phrases and circumstances apply.

Go to web site

ADVERTISEMENT

Get a free fractional share value as much as £100.Capital in danger.

Phrases and circumstances apply.

Go to web site

ADVERTISEMENT

1. Be cautious of adverts on social media – this can be a frequent place for criminals to submit faux adverts for pets.

2. Do a background examine on the vendor and the pet – reverse picture search any pictures to see if the animal has been listed elsewhere.

3. Ask to see the animal. An in-person go to earlier than committing is one of the best ways to confirm the animal exists.

4. Be cautious with upfront funds, avoiding paying giant deposits or overlaying vet payments.