What you can do to protect your savings accounts
Please see page 7 of the Society’s Savings Account Terms and Conditions booklet for more information on actions you can take to protect yourself against fraud.
Protecting your home from property fraud
Fraudsters can and do target properties for fraud, effectively ‘stealing’ your home by taking the legal title to it. This is most commonly done by pretending to be you and either selling or mortgaging your property without your knowledge.
For information on how you can protect your property from fraud, please visit www.landregistry.gov.uk/public/property-fraud
Scams and swindles warning
People are increasingly being targeted by firms and individuals who use cold calling techniques to get your money. There are various types of scam currently being used by fraudsters.
If you make a payment to a firm which is not authorised by the Financial Conduct Authority (FCA), you will not be covered by the Financial Ombudsman Scheme or the Financial Services Compensation Scheme (FSCS) if things go wrong and could lose your money. All firms authorised by the FCA are listed on the FCA Register.
For more information on investment and other common scams and what you can do to protect yourself please visit the following websites:
Vulnerable or elderly persons
The vulnerable and elderly are often targeted and befriended by fraudsters. They may suffer from illness, such as dementia, and lose some or all of their life savings, get into debt or suffer additional health problems if they fall for a scam.
Warning signs may include where a person is receiving a lot of junk mail, phone calls from strangers or becoming secretive when discussing finances.
Been a victim of fraud?
If you suspect that you have been a victim of financial fraud, further advice and information is available at www.fca.org.uk/consumers