Coronavirus warning: Scam taking advantage of vulnerable people could cost thousands

Scams often focus on some of the key elements of life that people utilise every day. This can include emails and telephone calls. Scammers are using more sophisticated measures to get access to victims assets, with one of the hardest to spot methods being “phishing emails”

He explains that this new kind of scam is already causing issues for many people:

“We frequently get queries from clients regarding emails that we have received, in particular when the communication looks to have been sent by a regulatory body, such as HM Revenue & Customs.

“We understand that emails are being circulated relating to coronavirus offering refunds or suggesting that a link is followed to access up-to-date advice.

“Remember, it is less likely that regulatory bodies will hold your email address or that they will choose to communicate with you by email. Therefore we all have to be vigilant and be sceptical!”

Fortunately, it is relatively easy to embrace a skeptical mindset. Martin, who has more than 20 years’ experience in accountancy and tax, details that there are some tips that everyone can heed to put an end to scammers.