Don’t let fraudsters catch you out.


It is very easy to lose money to scams, so you need to be careful at all times.

These are some common scams to watch out for:

•  ‘get rich quick’ scams – phone calls advising you to invest in shares that don’t exist or are worthless, or to buy land that is actually of little or no value

•  emails asking for your personal or bank details

•  emails or letters that say you have won the lottery or have money waiting for you if you pay a fee.


What to do if you have been scammed

If you think you are being scammed, stop giving the company or person any money or personal details and speak to family or friends to get some advice. If you have given them your bank details, tell your bank immediately. Report it to the police and Action Fraud, the UK’s national fraud reporting centre, on 0300 123 2040.


•  Only deal with financial firms authorised by the Financial Services Authority (FSA). You can check if a firm is authorised by calling the FSA register on 0845 606 1234.

•  Be wary if you are asked to pay money upfront or are put under pressure to act quickly and not tell anyone.

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