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What are the tell-tale signs of a scam?

Scams in the UK seem to come in all shapes, sizes and attack very different areas of the UK population with alarming success. In simple terms, if something you are introduced to without requesting information, an appointment or a phone call looks too good to be true then it probably is!

You should never give out your banking details, personal details or other information which could be pieced together and used to raid your bank accounts, apply for loans on your behalf and other actions which could destroy you financially. Even though many of us are still struggling to cover our monthly bills in the aftermath of the recession we need to keep a level head and appreciate that whether we like it or not there are fraudsters on the loose who are after our money!

If you receive a cold call to your door, phone call, e-mail or letter through the post which looks suspicious or does not "feel right" you should look to report this to the authorities. The more the authorities are aware of these scams happening on the street the more they can do to make people aware and attempt to stop the fraudsters in their tracks. It may be embarrassing to admit you have been taken in by a scam or a fraud but ultimately your experience could save somebody else thousands of pounds in the future.

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