Scammers are exploiting fears over coronavirus to target consumers. Follow our tips to avoid being scammed.
There’s been a worrying increase in the number of scams since the coronavirus (Covid-19) epidemic. The National Fraud Intelligence Bureau has received over 500 reports of coronavirus-related fraud since the start of the outbreak, with victims being tricked out of £1.6 million.
Scammers are always coming up with new ways of tricking people, and fears over coronavirus have given them a perfect opportunity. But although the scams vary, there are some things they have in common.
The article below covers some of the main scams. It also includes tips from the Financial Conduct Authority (FCA), the financial regulator, on how to avoid them.
Please feel free to read or download the article. If you would like to discuss it, or if you need some financial planning help and advice, please contact us.