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Business
Aaron Morris

Expert warns of five cost of living scams - what to look out for and how to avoid them

The cost of living crisis continues to sweep the country, with inflation rates rising and households struggling to stay afloat.

However, scammers have seen this as an opportunity to prey on the vulnerable with a reported 40,000 Brits being targeted.

With this in mind, the experts at Proxyrack have shared their insight on the cost-of-living scams you should be aware of and how to prevent being caught up in one of these scams. Ariana Bago, Fraud Analyst at Proxyrack, said: "Since the announcement of further cost of living payments for eligible households, scammers have taken this opportunity to target the vulnerable groups most affected by rising inflation across the UK.

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