Coronavirus has given fraudsters more opportunities than ever to cheat consumers out of their money.

For example, the Chartered Trading Standards Institute (CTSI) has uncovered a scheme where people are sent a text message claiming to be from the NHS which informs the recipient that, “we have identified that you are eligible to apply for your vaccine.”

The message ends with a link to a bogus website mocked up to look like a legitimate NHS platform. The website requests personal details, including name and address and bank details, supposedly for verification. 

The NHS says it will never ask for any details about your bank account, passwords or PIN numbers.

So, as the pandemic continues with another national lockdown, we look at the fraud trends to watch out for in the year ahead.

1. Authorised Push Payments (APP)

APP fraud – where fraudsters trick you into forwarding money from your account to…

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