Consumers warned over pre-paid energy scams

By admin | 21/04/2022
Consumers warned to avoid discounted pre-pay energy top-ups

Britain’s leading fraud prevention service, Cifas, has warned gas and electricity customers to avoid pre-paid energy scams disguised as discounted offers. The scams have already affected over 188,000 victims, including British Gas, EDF Energy, E.ON, Scottish Power, and SSE customers. It’s no secret the cost of living is increasing at a startling rate. Many UK…

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FCA targets unregulated investment scammers

By admin | 08/03/2022
Financial Conduct Authority targets online scammers

The Financial Conduct Authority (FCA), which regulates financial companies providing services to consumers, announced plans to increase preventative action against potential consumer scam investments. Apparently, the FCA stopped one in every four bogus companies from entering the market in 2021. The figure had been one in five in 2020. While these statistics are reassuring, punishing…

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