Pandemic Fraud

By FMB on 

Posted in: 

If it sounds too good to be true, it probably is...

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. Action Fraud* revealed there was a massive 400% increase in reporting of scams in March this year. 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 and be wary of even those you do recognise
  • Be wary of deals that sound too good to be true
  • Never give out personal details
  • Take the time to make the appropriate checks and seek financial guidance.

Here to Help

We are always here to act as a sounding board so if you are unsure about any financial opportunities you have been contacted about, please feel free to run them past us first. 

*Action Fraud, 2020

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The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren't able to resolve themselves. To contact the Financial Ombudsman Service please visit www.financial-ombudsman.org.uk

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