What are the tell tale signs of a scam?
Look out for the following signs of a scam before responding to a phone call, email, fax or letter:
- A scam will usually offer you something for nothing, when you have had no previous correspondence or involvement
- You get an 'opportunity' to earn easy money in exchange for an up-front cash fee and perhaps your account details
- You may be asked to call a premium rate phone number to collect a prize
- You may notice poor spelling and grammar
- There will often be a PO Box number in the contact address
- The scam may involve payment being made to an unconnected party in a different country
Always take time to stop and think
- Never disclose security details, such as your PIN or full banking password
- Don't assume an email, text or phone call is authentic
- Don't be rushed - a genuine organisation won't mind waiting
- Listen to your instincts - you know if something doesn't feel right
- Stay in control - don't panic and make a decision you'll regret