Text scammers make tens of thousands a month - and spend it on designer shoes and bags

Text scammers are making tens of thousands of pounds a month by sending fake text messages, known as smishing, to victims. Det Ch Insp Paul Curtis revealed a room full of designer goods seized from financial fraudsters living a lavish lifestyle. Victims like Gideon Rabinowitz, who lost over a thousand pounds to a smishing scam, highlight the devastating impact of these fraudulent activities. The government plans to ban devices used for smishing next year in an effort to combat this increasingly prevalent form of financial fraud.