The Office of Fair Trading has declared February 2011 Scams Awareness Month, and we're glad to spread the word, since older people are the most common victims of scams.
It's not just older people who are affected, though: nearly half of the UK population has been targeted by scams, and more than three million adults - 6.5% of the adult population - fall victim to scams, losing £3.5 billion per year.
To help stop the scammers, the Office of Fair Trading has produced a 'scambuster' guide that explains some of the most common scams (clairvoyants and psychics, email bank account transfer scams, pyramid schemes, etc) and how to avoid them. You can also find out more from the Office of Fair Trading website.
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