Top Ten Scams — UK

 

According to a BBC Report, the current top ten scams in the UK are:

Work-At-Home Scams
Scams disguised as work-from-home opportunities.

Telephone Lottery Scams
Phone calls claiming you have won some sort of lottery or prize.

Matrix Schemes
Internet scams offering free gifts in exchange for memberships / information.

Prize Draw Mailings
Letters that claim you have won a prize but must pay an administration fee.

Property Investment Schemes
Presentations (for a fee of course) that claim they will make you a real estate mogul.

Premium Rate Telephone Number Scams
Advertisements (usually a prize) asking the consumer to dial a toll �premium rate� phone number.

Investment-Related Scams
High-risk investments peddled over the phone or by e-mail.

Nigerian Advance Fee Frauds
The classic e-mail scam from a member of the �Nigerian royal Family� or a high placed official asking for you to help them send you money by sending them money.

Credit Scams
The consumer is offered a loan if they pay a fee. They pay the fee but never get the loan.

Pyramid Schemes
This is an illegal investment strategy that requires a person to invest in some stock or plan, and then get others to invest, for which they get a commission. The idea is that the commissions work their way upward so that the people near the top make tons of money and the people at the bottom lose tons of money.