Pensioners targeted in cruel energy price scam | Personal Finance | Finance

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Pensioners are having to reckon with a substantial rise in the cost of electricity and gas, which has left many fearful. Unfortunately, scammers are preying on these concerns to target older people.

Age UK has issued a warning about a scam currently circulating, where scammers could be targeting the elderly or vulnerable. 

Taking place over the phone, it relates directly to energy prices, and claims to help Britons save money.

Scammers ring up a person, claiming to be from a familiar price comparison website.

It may not appear out of the ordinary, especially if a person has used this website in the past.

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Firstly, it is highly unlikely any price comparison website will call a person’s phone, especially out of the blue.

Age UK has also said it is not likely there will be offers just available for limited numbers of people.

The organisation warned older people they should never give any of their details out over the phone.

If someone suspects they are being targeted by scammers, they should put the phone down.

Consequently, it could mean victims have to pay more for their energy as the criminals make off with their spoils. 

Amber Burridge, Head of Fraud Intelligence, said: “Criminals are always trying new ways to trick people out of their personal details and money.

“Always do your research before parting ways with your details or money, such as by looking at trusted review sites, contacting organisations through details listed on their official website or checking against registers held by organisations such as the FCA.

“Criminals have zero regard for who they trick out of money, meaning its important individuals remain alert to potential scams during the current cost of living crisis.”

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