It’s widely acknowledged that scammers are becoming increasingly adept. Given the constantly evolving nature of this domain, scammers are ceaselessly crafting fresh approaches to separate you from your diligently earned money – and their reach is extensive.

Although one might readily assume “I won’t be targeted,” those who never anticipated falling prey to scams are in fact some of the most susceptible to manipulation. Despite the prevailing notion that elderly individuals are the primary targets, it’s actually Generation X, Millennials, and Generation Z that tend to report higher instances of financial losses due to fraudulent activities compared to seniors.

Here we explore some of the common scams doing the rounds, and what you can do if your finances have been compromised.