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Financial fraudsters 'not just targeting wealthy people'

12-04-10, 04:48 in Credit Card News
Financial fraudsters 'not just targeting wealthy people'
It is not only wealthy consumers that financial fraudsters are aiming to target, it is believed.

In particular, fraudsters might be able to get credit by gaining access to the personal data of people who live in rental properties, James Jones, the consumer education manager at Experian, suggests.

"There is much more opportunity for fraudsters to get hold of people's data and to get credit, ... because many people who live in rented accommodation have shared hallways," he noted.

Fraudsters are now looking to steal from the likes of low income families and younger members of society, rather than those with large sums of money, Mr Jones added.

As a result, he has called on people to stay vigilant when it comes to their finances.

Last year, the National Fraud Authority suggested that many people in the UK fail to shred important personal documents before they dispose of them.

Posted by Martin Peacock.ADNFCR-2660-ID-19715711-ADNFCR

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