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Financial scams and National Trading Standards - raising awareness

The National Trading Standards (NTS) Scams Team estimates that between £5 and £10 billion a year is lost by UK consumers because of scams

This has led to the Friends Against Scams initiative, which aims to protect and prevent people from becoming victims of scams by empowering communities to ‘Take a Stand Against Scams’.

53% of people aged 65 and over have been targeted by scams and criminals, and only 5% of victims report the crime. The scheme encourages people to get involved to protect each other from becoming vulnerable to a scam.

More information on how to become a ‘friend’ against scams can be found on the Friends Against Scams website