Thousands of people are falling victim to fraud every year with scammers consistently finding new ways to steal people’s money.
There are a long list of ever growing swindles with consumers constantly having to be aware of potential cons.
While it is possible to get money back in some instances, if you have fallen victim, unfortunately millions of pounds are lost each year after unsuspecting targets fall into a fraudster’s trap.
Adam French, Which? consumer rights expert, said: “Scammers are always looking for new ways to trick people into handing over their hard-earned cash – using everything from doorstep frauds to cold calls or scam messages pretending to be from a company or relative.”
But there are steps people can take to ensure their money is not taken in the first place.
i, with the help of industry experts, takes a look at what you can do to ensure your money is safe – and that you don’t fall foul of fraudsters.
Stop and think
The campaign, Take Five to Stop Fraud, from UK Finance, offers three pieces of advice to help consumers prevent falling victim to scams.
The first is to take a moment to stop and think before parting with your money or information could keep you safe.
Paul Davis, Director of Fraud Prevention at TSB, added: “Despite the complex and persuasive tricks of fraudster, you have one key defence that will always win: Time.
“Taking your time and not rushing in can make the difference between going to bed at night with your money still safely…
