Posted by Gateway 97.8

Fraudsters exploiting cost of living crisis

Public warned to watch out for fraudsters as rise in the cost of living creates vulnerability nationwide.

New research by UK Finance’s Take Five to Stop Fraud campaign suggests the harder we search for solutions to money saving solutions, the more susceptible to fraud and scams we risk becoming.

Take Five to Stop Fraud is warning the public to be alert to potential fraud, as over half of people (56%) said they are likely to look for opportunities to make extra money in the coming months due to the rise in the cost of living.

Ryan spoke to Paul Maskall, manager, fraud and cybercrime prevention (DCPCU).

Photo by Colin Watts on Unsplash

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