According to new research* from WEALTH at work it seems that scammers are using multiple methods to hoodwink people out of their money, as the research found that more than a third (34%) of those who had lost money to a scam in the last 12 months had done so to two or more types of scam. To help employees avoid falling for a financial scam. WEALTH at work has identified these common financial scams that people lost money to in the last year:
- Purchase scam – 27% of those who lost money to a financial scam said it was through the sale of fake products or goods online.
- Investment scam – 19% said it was through scams that encourage investing in fake opportunities or pyramid schemes.
- Friends or family scam – 18% said it was through messages sent claiming to be someone they knew asking for money.
- Bank account scam – 18% said it was through fake claims that their account had been compromised.
- Tech support scam – 15% said it was through fake technical support services that were used to obtain personal details.
- Befriending/romance scam – 14% said it was through scams where someone becomes your friend, then asks for money.
- Pensions scam – 13% said it was through fake promises of guaranteed returns or early access to their pension.
- Tax refund scam – 10% said it was through fake promises of tax rebates.
- Lottery scam – 9% said it was through fake claims that they’ve won a prize
