Cost of living crisis: watch out for the energy bill relief scheme scammers
Fraudsters are looking to take advantage of business owners’ anxieties around the cost of living and rising energy bills. Make sure you stay alert to the latest scam.
Fraudsters are looking to take advantage of business owners’ anxieties around the cost of living and rising energy bills. Make sure you stay alert to the latest scam.
We’re seeing reports of phishing emails, text messages and phone calls that target customers and ask for their account details in order to qualify for discounts on their energy bills pretending to be part of government support schemes.
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In September, for customers that did not benefit from the Ofgem price cap, the government announced a new six-month support scheme for English, Scottish and Welsh businesses and non-domestic energy users (including charities and public sector organisations like schools).
The scheme provides energy bill relief for businesses and is being applied to energy usage initially between 1 October 2022 and 31 March 2023. There is a similar scheme for Northern Ireland, providing a comparable level of support.
However, scammers are keen to cash in on the cost-of-living crisis, which means government support schemes are being exploited by fraudsters for financial gain. Andrew May, from the bank’s Fraud Prevention team says “We continue to see fraudsters exploiting what is going on around us in the UK, particularly headline news, in an attempt to draw businesses into scams”.
If you get an email, text message or phone call from someone asking for your bank details in relation to one of the energy bill relief schemes, it could be a scam. Before you fall victim, just remember:
Phishing messages are being sent at a time when vulnerable business owners are expecting to receive authentic information about support with energy bills. If you suspect you have received a scam email, text message or phone call, report it to Action Fraud, the reporting centre for fraud and cybercrime in England, Wales and Northern Ireland. In Scotland, contact Police Scotland on 101.
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