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Harrogate building society to host financial fraud awareness event

Yorkshire Building Society.

Colleagues from the Yorkshire Building Society branch in Harrogate are set to hold an event around financial fraud next week.

The event will be held at the Oxford Street branch between 09.30am and 11.30am on Tuesday 20th January, to help people learn more about financial fraud and scams, how they can protect themselves and what to do if they are misled by scammers.

The event is open to members of the public as well as Yorkshire Building Society customers and will include advice on how to spot common types of financial scams. 

Participants will also be directed to information and tools to help keep them and their money safe.

Research from Yorkshire Building Society suggests that almost three-fifths (56%) of UK adults have experienced some form of scam, with online scams being the most common (56%), followed by phishing attacks (55%), and identity theft (20%). 

Whilst those aged 55+ were the most likely to have been targeted by an online scam (60%), younger people aged 18-34 were the most likely to be deceived by a scam. 

Those who report losing money to a scam said they lost an average of £344, rising to £420 amongst those aged 18–34.

Lowen Denning, branch manager at Yorkshire Building Society in Harrogate, said: 

“Most people have come into contact with a financial scam at some point in their lives, and fraudsters are using many different techniques to try and get to people’s information and money. 

“By hosting our fraud session, we hope to reach as many people as possible in Harrogate to raise awareness around this issue. 

“We’ll be talking about the common types of fraud and actions to take if you think you have come into contact with a scam.”

For more information on protecting yourself from fraud please visit www.ybs.co.uk/security or www.takefive-stopfraud.org.uk

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