Energy bill scam warning as price cap soars – emails to watch | Personal finance | Finance

Ofgem today announced that the price cap will be raised to £3,549 from October, which represents an increase of 80%. Along with growing concerns, there are also concerns about a dangerous scam currently circulating via email.

The email says the recipient is eligible for a refund of payment, having allegedly paid more than they should have in the previous tax year.

As a result, the email says Britons are entitled to a refund, but will need to take action to claim it.

The correspondence includes a link that directs a person to fill out a form with their personal and financial information.

However, it’s all part of an elaborate scam designed to obtain the personal details of Britons – and subsequently, their hard-earned cash.

READ MORE: Millions of retirees ‘tremble with anxiety’ – energy price cap soars

Cifas states that consumers should always verify the authenticity of emails before considering disclosing personal or financial information.

People can check if the offer is legitimate by contacting the organization or service provider.

This should be done using the details provided on other correspondence one has from the company or on their official website.

Amber Burridge, head of intelligence at Cifas, warned that the cost of living crisis is expected to make scams more common.

Indeed, criminals use a number of means to target unsuspecting victims.

Ms Burridge continued: ‘Remember, no matter how an offer comes to your attention, there are very few occasions when it is legitimately necessary to pass on your bank details.

“The fraud can be executed in stages, and criminals will try a combination of different techniques, from sending ‘free products’ to unsolicited calls pretending to be from a trusted organization.

“Think carefully before responding to unsolicited calls, texts or emails, and always dispute requests for personal or financial information.

“Just as you should never give out a one-time password, don’t give anyone permission to access your computer remotely.

“It is crucial that we continue to remain vigilant against fraud and work together to prevent criminals from exploiting the public.”

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