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Business
Catherine Furze

Warning over new scams involving fake cost of living payments

Struggling families have been warned to be on their guard against heartless scams, as fraudsters capitalise on the cost of living crisis.

Fake cost of living payments, energy rebates and phoney competitions are all doing the rounds, as a report by think tank the Resolution Foundation, in collaboration with the Financial Fairness Trust, found that 1.3 million families had no savings even before the biggest cost of living crisis. The report has warned that some are reliant on friends and family when unexpected costs crop up, while while others won’t have any means of coping with them.

Consumer group Which? has rounded up the five most common scams circulating right now, with advice on how to spot and report them.

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