The Financial Services Compensation Scheme (FSCS) has alerted the public to fraudulent emails that are asking people to register a claim to receive “large amounts of outstanding monies owed”.
The compensation body advised: “We do not contact consumers in this way and urge anyone who gets this email not to reply or provide any personal information to avoid falling victim to a potential scam or fraud.”
The FSCS stated it is working closely with the UK’s national fraud and cybercrime reporting centre, Action Fraud, on this matter.
£91,000 lost
Figures from Action found that 253 victims lost an average of £91,000 ($118,967, €103,848) each to pension scams in 2017 – this equates to more than £23m.
