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Members' Business: Financial Scam Prevention

Tuesday 26 March 2019 5:00 PM

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That the Parliament expresses concern that financial scammers are estimated to cost UK consumers over £9 billion each year and that, sadly, dementia, social isolation and other factors leave citizens vulnerable to predatory scammers and rogue traders, even resulting in the loss of their entire life savings; considers this issue a matter of public safety and believes that there are simple preventative solutions that empower citizens to avoid fraud and protect them from financial and personal harm; highlights that the recent scamming of pensioners in Clydebank and Dumbarton in February 2019 is not unique to these areas and that one in eight people in Scotland are victims of fraud; commends the efforts of the local councils and communities that are already trying to tackle this issue, and notes the hope that the Scottish Government will take further action to protect its citizens from scams.

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