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Wash Your Hands of Coronavirus Scams
It is in times of the greatest uncertainty that national unity comes to the fore. As we self-isolate or practice social distancing we are helping to protect ourselves and each other from the effects of the coronavirus. Even the simple act of washing our hands can make a difference.
Now National Trading Standards are asking us to do one more thing, to wash our hands of coronavirus scams. The essential message is that ‘if it sounds too good to be true it probably is’ but they are also cautioning about not being rushed into making a decision, only buying from known retailers and thinking before you part with personal or banking details. They are also issuing warnings about unsolicited contacts offering to sell a range of items including home virus testing kits, anti-bacterial products and vaccines.
Full information is available on a dedicated National Trading Standards scams website.
We would echo their words and also take this opportunity to highlight a similar message from the Financial Conduct Authority (FCA). They are highlighting scams in which supposed ‘lenders’ ask for an upfront fee in return for a loan which never materialises, ‘good cause scams’ in which you are offered a high rate of return in exchange for a non-existent investment into coronavirus research, and cold callers looking to transfer your funds into non-standard investments.
If you are looking for advice on investments, or if your situation has changed and you may therefore need to review your existing pensions or investments, contact Beckworth by using one of the links on our website.