• Sat. Oct 1st, 2022

Cost of living scams: New mobile phone scam could cost you over £1,000 – what to watch out for | Personal finance | Finance

ByCindy J. Daddario

Sep 16, 2022

Fake cost of living payment texts

Although cost of living payments are to be applied directly to energy bill accounts, criminals are texting, claiming to be from Ofgem, asking people to claim their £400 refund.

Mr Baxter said: ‘Victims would do this by clicking on a link, entering their bank details and potentially losing the contents of their bank balance.’

The actual rebate is paid directly to energy suppliers by the government and can only be accessed as a reduction in household energy bills over a six month period.

For more information on this, click here.

Facebook Marketplace scammers charge drivers up to £1,500

Those looking to cut vehicle costs might search for a bargain on social media. However, Mr Baxter warns drivers to be vigilant as scammers offering vehicles at too-good-to-be-true prices would trick motorists into sending cash on deposit to ‘hold the car’ before buying.

Mr Baxter said: ‘In some cases the car will not exist or will not be legitimately for sale. Once you’ve paid the holding fee, which can be up to £1,500, the ad disappears, resulting in a loss of money. »

Royal Mail scams that could cost you £300

Scammers also pose as delivery companies and demand additional delivery payments. If they expect delivery, many Britons are more likely to fall in love with a seemingly innocent text message from Amazon or Royal Mail.

Indeed, according to a new survey carried out by restart digital In the most common types of online and SMS scams revealed, Royal Mail scams rank third.

A victim tells The Guardian how she expected import fees. After clicking on the link in the text of the delivery company and filling out the form, 300 was taken from his bank account.