Pensioners issued warning as one in 5 fall victim to scams – act now to protect yourself | Personal Finance | Finance

 Pensioners issued warning as one in 5 fall victim to scams – act now to protect yourself | Personal Finance | Finance

Pensioners are unfortunately becoming increasingly targeted by scam correspondence through a variety of mediums including phone calls, texts, emails and websites. These scams are sadly becoming more and more challenging to pick out. This means those who feel they may be protected and vigilant to this kind of activity could also end up falling prey. Understandably, the consequences could be life-changing for those caught up in the scammers’ web. Some could stand to lose thousands of pounds, or see their retirement ruined. Others who have nearly fallen victim to scams have seen their trust dented forever. 

The vast majority of those who have not fallen victim to a scam communicated to the FSCS that they had an ongoing fear about becoming one in the future. 

However, the body has also warned retirees not to be dismissive of becoming a scam victim, as its research showed 57 percent of men were more likely to think they would not fall…

Read full article at www.express.co.uk