1 in 5 UK individuals fell victim to financial scams in 2021, according to a Citizens Advice survey.

A survey by Citizens Advice reveals that 1 in 5 people in the UK fell victim to financial scams last year, affecting approximately nine million individuals. Common scams include fake debt advice, pension scams, and QR code fraud, primarily conducted via social media. Many victims faced financial distress, increasing debt or needing help from family. Citizens Advice is launching a campaign to raise awareness and encourage reporting of scams, emphasizing the importance of consumer vigilance.

October 20, 2024
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