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Pension scams leave Britons as much as £250,000 worse off ‘Life savings gone’P | Personal Finance | Finance


Sue Flood told ITV how she never thought she would fall victim to a scam but ended up losing £250,000 in a classy pension scam. She desires to warn others so that they don’t fall for a similar tricks. 

Exrpress journalist Jackie Annett has witnessed the “scamdemic” first hand.

She said: “My Facebook profile should put scammers off – when you look closely it clearly says I’m a journalist at Express.co.uk and I run a private finance blog called Broke in Bristol (& beyond).”

” But scammers will go to the ends of the earth to try to scam people out of their hard-earned money, regardless of who they’re.

Although the fraudster wasn’t asking me for money to release my winnings, they wanted me to share my address details which will be used to take out loans and bank cards, throwing people into hundreds of kilos price of debt.

Fraud now accounts for greater than a 3rd (39 percent) of all crime in line with figures from the Crime Survey for England and Wales (CSEW) for 2021.

I’m not surprised within the least, as this isn’t the one occasion this 12 months I even have been approached by scammers.

Last 12 months I put my campervan and an iPhone 11 up on the market on eBay and Facebook Marketplace which is once I witnessed first hand the size of the scamdemic within the UK.

Inside the space of just a few days, greater than ten people tried to scam me for the phone – and 4 people attempted to scam me over the campervan.

Initially, I’ll admit I used to be a bit amused as I believed to myself “you’re attempting to scam the incorrect person here”.

Amusement soon turned to annoyance and eventually fear of what a few of these people might stoop to, with a view to get their hands on goods which might be price a whole lot or hundreds of kilos.

At one point scammers were offering to send a courier to my doorstep to select up the keys to my campervan.

That’s when the truth that I may very well be in peril hit home.

People can report scams to Motion Fraud on 0300 123 2040.

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