Martin Lewis has warned viewers about tell-tale signs of scams as fraudsters continue to target people by phone and text. The money saving expert appeared on Wednesday's Lorraine, where he highlighted common ploys used by criminals.
Lewis advised that if a caller claims to be from your bank and says there is an urgency, or tells you not to tell anyone else, these are massive red flags. He also warned about investment scams where you are asked to put in more money after an initial payment.
He urged people to be cautious if they receive a call from someone claiming to be their bank asking for password details. If unsure, hang up, find the bank's number yourself, and call back on a different phone.
During the show, host Lorraine Kelly revealed she had received a Royal Mail text scam asking for a £2.99 shipping fee. Lewis warned that such postal delivery scams are particularly dangerous due to the high volume of deliveries during the pandemic.
