If you’re not familiar with the Penny Savings Club scam, you’re not alone. The online financial institution has many members and a membership-based program. What’s worse, it can be extremely tempting to join. The money you save can go towards a great vacation or a nice dinner for two. But…
The savings bond scam is a well-known financial crime, affecting more than 40 million Americans. The investment giant, Aviva, revealed details of the impersonation fraud, which has caused more than PS4 million in losses to savers. The criminals set up impersonation websites of well-known financial services firms, like the Aviva…
A new savings account scam has hit Greenwich. The conman pretends to be a police officer and calls the elderly with the bank details. They then instruct them to call the bank and report the fraud. They will then discuss the bank details over the phone. They will not hang…
If you’re unsure if your savings account is safe, you can check Consumer Reports to see if it has been reported for scamming. The website of MoneySuperMarket offers a list of the top savings accounts. You can also use an online search engine to find a savings account. However, you…
One of the most common types of scams that affect investors is a bonds scam. These schemes are operated by unscrupulous individuals who use the names of well-known institutions. The best way to avoid getting scammed is to be very careful about the investment opportunities that you choose. These are…