Millions of households across the country will be keeping a close eye on their spending habits this autumn in an effort to stick to a budget to combat the ongoing rise in everyday living costs such as food, energy bills and petrol. Inflation soared again in July to yet another 40-year high of 10.1% and energy bills are set to go up from £1,971 to £3,549 in October, putting even more pressure on purse strings.
Financial pressure can make people vulnerable to scammers offering fake deals, goods or refunds which turn out to be clever ploys to obtain personal details and gain access to bank or savings accounts. Cifas, the UK’s leading fraud prevention service, has identified several scams specifically targeting consumers as a result of the cost of living crisis.
One of the most dangerous scams may dupe people into thinking they are due an energy rebate or refund as it purports to be from Ofgem, the industry regulator, or your energy supplier.
