Finance expert provides scam warning ahead of the Jubilee Bank Holiday weekend

Holly Andrews, Managing Director at KIS Finance and personal finance expert provides warning to consumers around scams coming up to the Jubilee Bank Holiday weekend.


“It’s important to stay vigilant over the few days as we head towards the festivities of the Jubilee Bank Holiday weekend. 
As we know, scammers will take advantage of any opportunity they can to con people out of their hard earned cash. Events that affect the whole country make targeting victims even easier for scammers, and we have no doubt that the Jubilee weekend will be used as the subject of scams over the next week. 
One of the most important things to look out for is phishing emails. Phishing emails are one of the biggest threats as thousands, if not millions, are sent out every single day. These emails are a method that scammers use to lure people towards malicious websites that capture personal information and bank details. 
Look out for any subject lines in your inbox that advertise sales or promotions relating to the Jubilee weekend. Scammers will design emails to look like they have come from genuine retailers and organisations in order to trick people into thinking they’re getting a deal. 
Subjects that could feature in scams include:

·  Sales for Jubilee merchandise.

·  Tickets to events over the Bank Holiday weekend.

·  Promotions/discount codes for retailers and supermarkets.
Never click on a link that you receive in an email unless it’s something you’re expecting from a trusted source. I would always recommend going to the retailer’s website via your search engine if you’re interested in a deal that you’ve seen. 
Another thing to look out for is adverts on social media. Social media adverts are now a huge part of a lot of companies’ marketing strategies and this is something that scammers continuously take advantage of. Similar to the emails, make sure you are cautious of anything that is advertising promotions related to the Jubilee. Scammers use these tactics to lead you to their malicious websites which prompt you to enter personal information and bank details in order to access ‘deals’.”

Five key things to remember are:

· Never click on links or attachments sent to you via email, text, or social media message.

· Never give your personal information or bank details to somebody over email, text, social media, or over the phone.

· Before shopping on a website, make sure the website is secure by checking for a padlock symbol in the address bar and ‘https’ at the start of the URL. You should always check for reviews for websites that you’ve never heard of or used. 

· Only ever purchase event tickets from the event’s website or from a reputable and trusted ticket provider. Never purchase tickets from somebody selling them online or through an unknown third party website. 

· If you think you have fallen victim to a scam then you must report it to Action Fraud as soon as possible. If you have sent money to a scammer then you need to contact your bank immediately. The faster you act, the more chance you have of getting your money back. 

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Notes to journalists/editors:

Comments provided by Managing Director at KIS Finance, Holly Andrews. If you would like to use these comments then a link back to KIS Finance is required to credit the source.

About KIS Finance:

KIS Finance are an independent finance broker specialising in bridging finance, development finance, commercial mortgages, equity release, and secured loans. Their team of advisors have considerable experience across multiple different areas of the finance sector, as well as insurance and compliance.

KIS Finance are also very invested as a company in fraud awareness and prevention and keeping their clients safe from financial fraud and scams.

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