Scams

People looking for love online are being warned to remain vigilant in the face of romance scams, as the average financial loss for victims is nearly £12,000.

According to Nationwide Building Society, the average amount of money victims are losing through romance scams has more than doubled from £4,720 in 2021 to £11,796 in 2022.

As the average UK earner makes roughly £33,000...

A recent report by the Treasury Committee has warned of an alarming growth in UK fraud .

It has been revealed there has been a surge in consumers being targeted with fake online adverts, impersonation scams and dodgy crypto investments.

Following this news, Nick Drewe, money-saving expert at WeThrift , has issued some crucial tips on how to avoid becoming a victim of online...

When retailers are constantly bombarding customers with promises of massive savings it can be tricky to discern where the real bargains are. In 2019 an investigation found that a whopping 95% of items were cheaper or the same price during Black Friday sales. This is where price tracking tools such as Camelcamelcamel.com and Wikibuy.com come in handy. These tools provide a detailed price...

New research from Clothes2order has revealed the areas across the U.K. that have fallen foul of rogue builders and scams.

By analysing figures from Citizens Advice’s ‘Consumer Advice Trends’, Wyre in the North West was found to be the local authority dealing with the most complaints around possible scams.

Read the full report here: https://www.clothes2order.com/blog/building...

A quarter of people aged 70 or above have suffered financial abuse, according to a new survey which details the shocking scale of the problem.

The report - by new financial service GuardianCard , whose co-founder’s mother-in-law was frauded - also reveals that more than half (56%) fear they’re more of a target for thefts, scams and frauds due to pandemic.

Covid, financial...

Our thinking style can have a huge impact on the way we use social media, including on whether we engage with ‘fake news’, a new study has shown.

Whether you are an analytical thinker or more inclined to make judgements based on intuition is reflected in your behaviour on Twitter, according to a research team including Dr Mohsen Mosleh, a Lecturer in Business Analytics at the...

The ongoing outbreak has significantly affected the way UK consumers purchase their goods over the past year.

However, with more of us having to shop and communicate online, fraudsters are spotting new opportunities to steal information and money from the public in the smartest but worrying ways.

In fact, following a warning around the increasing surge of 'smishing' scams,...