Rise in fraudsters selling fake courses: We reveal the top five online training scams

There has been a surge in scammers selling fake online courses as more households take up learning while stuck at home, new data has revealed. With everyone except key workers in lockdown, people are turning to online coaches and trainers to educate themselves while they have the time to do so, including taking webinars, podcasts, … Read more

Name-checking Confirmation of Payee cuts bank scams by 31%

Name-checking fraud prevention system has already reduced bank transfer scams by 31%, says Lloyds It alerts those sending money if recipient’s name doesn’t match account details Lloyds was the first bank to roll it out in full with other banks doing so now It said it had seen a 31% drop in fraud among those … Read more

City watchdog warns over Coronavirus savings scams

City watchdog warns over Coronavirus savings scams as markets plunge and interest rates hit record lows By James Salmon for the Daily Mail Published: 22:57 BST, 7 April 2020 | Updated: 23:14 BST, 7 April 2020 The City watchdog has sounded the alarm over investment scams which may emerge during the corona- virus pandemic. As … Read more

Savers struggling in coronavirus crisis warned against pension scams

Savers who are under financial pressure or have lost jobs should beware scammers tempting them to tap pension pots early or switch them into dodgy investments. Taking money from pensions before you are 55 is especially hazardous, because the taxman slaps a heavy penalty on early withdrawals and the rest of your pot may then … Read more

Don’t get taken for a ride on car rental: How to avoid common tricks and scams

‘That scratch wasn’t there when you rented the car’: Here’s how holidaymakers can avoid (and fight back against) common car rental tricks and scams Do a full inspection of the car and note down any imperfections beforehand   You don’t need GPS – use maps on your smartphone for free or pre-plan routes  Follow the simple … Read more

US Secret Service warns hackers are trading on coronavirus fears with phishing email scams

Someone who is infected with the coronavirus can spread it with just a simple cough or a sneeze, scientists say. More than 4,000 people with the virus are now confirmed to have died and more than 110,000 have been infected. Here’s what we know so far: What is the coronavirus?  A coronavirus is a type … Read more