9 Million People Affected by Financial Scams in Past Year: Charity

Nine million people in the UK have fallen victim to financial scams in the past year, new figures suggest. An estimated 3 million people were affected by fake debt advice on social media, with a further 5 million losing money over friend-in-need and pension scams. Citizens Advice surveyed consumers across the country in the year to Aug. 26, revealing that 18 percent of adults reported experiencing at least one financial scam. The charity has warned of scammers using investments and parking QR code fraud to convince people to move into a fictitious fund or placing bogus QR code stickers over genuine codes at car parks....