Lotto scam sees some elderly consumers lose life savings

January 17, 2010 by admin  
Filed under News, News-Banking

There are many different scams in circulation at present, with the economic climate and recession having seen the number of scams in circulation rise and the number of people prepared to take a risk on these scams also increase. In many cases fraudsters that operate these scams target more vulnerable people such as the elderly, and this is what has been happening with a lottery scam that has seen some elderly consumers dwindled out of their life savings. Read more

Tags: Lottery scam, Spamming, Social engineering, office of fair trading, Lottery