• ‘Don't let your defences down': the rise of investment scams

    6 days ago - By The Guardian

    Financial fraud has shot up during the pandemic so it's vital to understand how scammers target their prey - knowledge that could save you a fortune
    Financial fraud is nothing new, but the number of scams soared in 2020 with fraudsters taking advantage of financial uncertainty and coronavirus worries to swoop on vulnerable victims. According to data published by Action Fraud in November, there was a spike in scams between May and September. The types are myriad, from stereotypical “romance” scams, where people are befriended online then duped, to fake tax emails and impersonation scams.
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