Lincolnshire Trading Standards is warning residents to be wary of callers offering PPI compensation, after a number of people have been targeted by fraudsters.
The scammers claim to be from The Office of Fair Trading, which closed down in April 2014 and offer consumers up to £2,000 in compensation if they first send a payment to release the funds.
Tim Dawson, principal officer for Lincolnshire Trading Standards, said: “”PPI scams are incredibly common, and unfortunately very successful because they lure people into thinking that they can get easy money.”
“Please be extremely cautious if you are asked to pay money upfront for something you haven’t asked for and don’t give out your personal details. Many scammers ask for e-voucher payments which are untraceable. Once the payment has gone, you can’t get it back,” he said
If you think you have been mis-sold PPI, you can make a claim directly to the financial institution that sold it to you, without having to pay out any money. The forms are available on the Financial Ombudsman’s website.
If you have been targeted by a scam caller and wish to report an incident or know someone who has, contact the police at www.actionfraud.police.uk, call 0300 1232040 or visit your local police station.
For general advice on consumer issues, contact your local Citizens Advice service by visiting www.adviceguide.org.uk/ or call 03454 040506.