Fraud goes viral – if it sounds too good to be true, it probably is

26th August 2020

UK fraud prevention groups are warning individuals to be extra vigilant following a huge increase in the number of scams seeking to exploit the pandemic; as these scams increase in sophistication, we are all vulnerable.

Your best tactic is to equip yourself to stay ScamSmart; you can do this through checking the FCA website www.fca.org.uk/scamsmart. Action Fraud1 revealed there was a massive 400% increase in reporting of scams in March. As scams continue to increase in sophistication it is harder than ever to distinguish them from the real thing.

 

Remember:

  • Reject offers that come out of the blue
  • Do not click on links from senders you do not know
  • Be wary of deals that sound too good to be true
  • Never give out personal details
  • Take the time to make checks and seek financial guidance.

 

Here to help

If you are unsure about any financial opportunities, please contact us first.

1Action Fraud, 2020

Reviews and Ratings for Financial adviser Paul Rose, Derby