Stay one step ahead
Scammers have upped their game and can catch anyone out – even the experts. 84% of people believe they’ve been targeted in the past year.
What’s the difference between fraud and a scam?
Fraud is a criminal act to deceive you and take your cash – it's a transaction that you didn't make or authorise.
A scam is where you’re tricked into making or authorising a payment to a criminal’s account. Scammers impersonate banks, retailers and official organisations using emails, phone calls and texts that look and sound genuine.
Cryptocurrency
Everyone’s talking about cryptocurrency at the moment, but it doesn’t mean you should listen to anyone offering to invest your money in Bitcoin or another cryptocurrency, especially if they’re offering to open a wallet for you that you wouldn’t have access to. Scammers are posing as sales staff to get you to buy into a ‘once-in-a-lifetime opportunity’. If you are looking to invest, it’s best to get the opinion of a qualified adviser and check the FCA website – don’t give out any details over the phone.