• Rachael Panteney

Fraudsters - What are the warning signs?



Fraudsters are on the rise.


These criminals are often articulate and knowledgeable, using sophisticated techniques to impersonate companies and research their targets, making their scams look genuine. Typically, those over 65 with savings in excess of £10,000 are targets for fraud, but it can happen to anyone.


So with that in mind, and the fact that the 3 part slogans are all the thing now (stay alert, control the virus, and save lives) then use this as a guide to protect your finances.


STOP

Take a moment to pause and reflect before parting with your money


CHALLENGE

Question any suspicious motives using the tips below


PROTECT

Stay vigilant and report all suspicions to help keep yourself and others safe


What are the warning signs?


Unexpected contact, or repeated calls - If you get cold-called, the safest thing to do is to hang up. If you get unexpectedly contacted by email, it’s always best to simply ignore it.


Requesting your PIN or password - A genuine bank or organisation will never ask for these types of personal details. Never give them if prompted.


Requesting personal details or financial information - Never give them if it’s not for a service you want.


Exclusive offers - If you are told the offer is only available to you, or you are asked not to tell anyone else about the opportunity, this is a sign it’s not genuine. Do not engage in any further communication.


Unrecognisable email address - If you get an email, expand the pane at the top of the message and see exactly who it has come from. If it’s a scam, the email address of the sender may be filled with random numbers or be misspelled.


#staysafe doesn't just apply to your physical health, make sure you look after your money too.