Criminals are often articulate and knowledgeable, using sophisticated techniques to make their scams look like genuine investments. If you think you’re savvy enough to spot a fraud think again.
The people they target tend to be experienced investors, those over 65, with savings in excess of £10,000. In fact research by Age UK suggests the average age of fraud victims is 75, with recent figures putting the average loss at £32,000. But it can happen to anyone.
Fraud attempts are becoming technically more sophisticated as we increasingly use the internet to handle our financial affairs. As fraudsters become smarter and savvier, it’s easy to be drawn in by financial promotions as they come through email or online advertising.
Your security is our priority
That’s why we’ve put together a simple checklist to help you protect your finances.
To help you identify potential scams we’ve highlighted some tips to help keep your finances safe.