As technology advances and information is shared more easily and anonymously, scams are becoming ever more sophisticated. Scams cost consumers over £58 million per year to scammers in the UK via online shopping (Which?) and over £500 million per year in bank fraud (The Guardian). Therefore, spotting scams can save you a lot of money. 

This article from the Money Advice Service is a great guide to help you spot scams and prevent you becoming a victim of fraud. And if you have fallen victim to fraud, what to do.