Our consumer expert breaks down the scams to watch out for this festive period

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Last year £1.2 billion was lost to fraud, though it’s estimated that the true figure is much higher. If knowledge is power, here I arm you with information about the latest scams to watch out for this festive period.

More than one in ten Brits has been scammed, according to official figures, meaning that you are more than five times more likely to be ripped off than burgled. More than 80% of us have received a suspicious text, while nearly half have received a dodgy call.

Winter can be a particularly bad time of year as scammers exploit Christmas deliveries, sales, family get-togethers and loneliness. Criminals use gaps in technology and plain old confidence tricks to get us to part with our cash. It only takes a moment to catch you off-guard, and the losses can be devastating.

In this article, I cover:

Read more: How to stay one step ahead of fraudsters

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