Cost of living: 'Money started flying from my account... I felt like such an idiot' - rise in cost of living scams

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Cost of living: 'Money started flying from my account... I felt like such an idiot' - rise in cost of living scams
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'I was so confused. It didn't dawn on me until I phoned my daughter on the way to work and I told her, and she said 'Mum, you've been scammed''

She immediately rang her bank - because £3,000 was still in transit they were able to recoup it.Twelve months later, she is still waiting to hear if she'll get the remaining £6,500 back.While these types of scams have always been relatively common, amid the rising cost of living there are concerns they could become more frequent, with people looking to exploit the crisis.

The research - based on a national survey of 4,000 UK adults - found 22% of people aged 18-34 have been a victim of financial fraud at least once.When 16-year-old Tristan Walker asked his dad for a pair of Nike Air Max, they really thought they'd be the last people to get scammed. "Tristan sent me the link, and as a person who should know better, I really should have known better," James told Sky News.

But even if you buy using a debit card, you may have the option to do a chargeback and recoup your money that way. New data from Barclays found the number of reported purchase scams after Black Friday and Cyber Monday last year rose by 34%, with an average of £1,072 lost to scammers.

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