Nationwide issues warning as widow ‘lost everything’ in safe account scam | Personal Finance | Finance

Nationwide states safe account scams can be particularly dangerous, as money could be lost forever.

Their website states: “The worst part is it’s you who moves the money, not them. 

“So, when the money is sent to one of these accounts, it may be impossible to recover it. It’s often too late, the money is gone.”

The building society states people should always stop to ask themselves a few questions: Why would my money be at risk?, Has the caller given me any proof they are who they say they are? Why are they not just freezing my account?

Legitimate organisations would never ask people to move their money to another account, and if Britons are even uncertain, they can hang up the phone.