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People are being warned to stay vigilant when it comes to buying a new pet online as there has been a significant increase in the number of pet scams.

The Lloyds Bank report revealed that pet scams are up 24% compared to last year, with victims losing an average of £307.

Over 50% of these scams originated on Meta-owned platforms like Facebook and Instagram.

Posting fake adverts is the most common tactic used by fraudsters and at first, the scammer may appear to follow the normal steps of a reputable seller; agreeing to a viewing of the pet, or with its mother for example, but this is usually followed by excuses and pressure to part with money.

According to the findings, the most frequent pet scams involve dogs, however, scams related to horses and horse equipment are up by 42%.

Thinking of appointing Dolan Accountancy?

Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

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Liz Ziegler, Fraud Prevention Director at Lloyds Bank, said, “Owning a pet is one of the great joys of life, becoming true companions and part of our families. Fraudsters know this and – as always – are ready to take advantage, preying on people’s desire to add another family member to the home.

“It is infuriatingly simple for a fraudster to upload a fake advert to an online marketplace for an animal that doesn’t exist, not to mention those posted by appalling disreputable breeders whose interests lie firmly in profit, rather than animal welfare.

“Social media companies are making money from these criminals, and those searching for a pet are left heartbroken twice. Once by the loss of hundreds, or even thousands, of pounds, but also by the realisation and disappointment that a pet won’t be joining the family after all.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Thousands of Contractors Choose Dolan Accountancy

With over 25 years experience in contractor accountancy helping thousands of contractors, freelancers and the self employed, Dolan Accountancy has the specialist skills, reputation and credibility you can trust.

Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £125 + VAT. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours
  • Free use of Contractor Umbrella – With IR35 Legislation changes we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams
  • Free Access to FreeAgent – We offer all of our clients access to FreeAgent, free of charge
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few
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