It’s fair to say that the coronavirus pandemic has been an unprecedented nightmare for the UK, a well as other countries around the world. 

In a few short months, the effect of COVID-19 has already wreaked havoc on the economy – as businesses struggle to survive, and workers enter an era where jobs are less safe than they were only a short time ago. Unfortunately, this widespread financial insecurity is a window of opportunity for financial scammers, as they look to take advantage of people in bad situations. Financial scams and investment scams are rising around the country under a new disguise – and it pays to be aware of them wherever possible. 

We’ve rounded up some of the main financial scams to look out for during the COVID-19 crisis – take a look.

Top Financial Scams to Watch Out For During COVID-19

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Expert Pension Claims can help 

When it comes to mis-sold pensions and investments, we may be able to help you to claim compensation for your losses. Generally, this is if you were given bad advice or pressured into a decision, therefore you may have been mis-sold, leaving you entitled to a payout. Scammers are unfortunately taking advantage of the financial vulnerability people are under due to COVID-19 to carry out such scams, but it could have also happened at any time in the past.

As we have recovered over £5 million for our customers, we are confident we can help your case. Get in touch today on 0161 968 0768 or simply fill in the claims form and we’ll get back to you soon with a quick analysis as to whether or not you have a potential claim. You can also read up on our step by step guide if you think you may have been a victim of financial mis-selling. 

If you have already transferred money into a scam, here’s a guide on what to do next. 

Note: Expert Pension Claims specialises in SIPP claims, mis-sold pension products and investment mis-selling – the scams mentioned in this article are not necessarily reflective of the services offered.