Pension savers claim over £30 million lost to scams as regulators urge footie fans to show scammers the red card
New warning from the Financial Conduct Authority and the Pensions Regulator.
The Fundraising Regulator, the Charity Commission for England and Wales, National Trading Standards and Action Fraud are joining forces to call on the public to give safely when donating online.
Data from Action Fraud reveals that £1.6m of the public's money was lost to online charity fraud over the past year.
The fraud captured by this data includes asks for donations for non-existent charities and the fraudulent collection of funds from genuine charities. Action Fraud's data shows that the £1.6m loss to fraud is up by 16% on the figure reported in the previous year.
The call for the public to give safely this Christmas is being co-ordinated by the Fundraising Regulator – the body which oversees charitable fundraising in the UK. It is encouraging the public to take steps to protect themselves online, particularly as the nation approaches the festive period, during which appeals for charitable donations increase.
The campaign is urging members of the public to conduct some simple checks before giving to charity, to make sure their donations reach the intended recipient. This includes: