Saturday, May 12, 2012

Top scams - and how to avoid them

In the world of scams, the latest trend is an increase in fake letters claiming to come from the Ministry of Justice. The letters state that the recipient has been identified as being a victim of protection insurance mis-selling, including payment protection insurance (PPI) - if they pass on their account details so a small administration fee can be levied, they are told they will receive a lump sum. It's often the poorest and indebted, those struggling to pay their bills, who are targeted by fraudsters. But don't fall for these scams! Read on to find out what the most common ones are and how to avoid being scammed.