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Money Box: Cryptocurrency scammers steal a man's house

19/03/2022

Cryptocurrency scammers steal a man's house

BBC Radio 4 - Money Box, Cryptocurrency scammers steal a man's house

Crypto scammers, changes to Warm Home Discount & the government's new fuel poverty chair.

Crypto scammers steal a man's savings, car and house; changes to the Warm Home Discount; and Caroline Flint, the newly appointed chair of the government's Committee on Fuel Poverty.

We report on a man who was fed up with poor returns on his savings and tried to invest in cryptocurrency instead. But he ended up losing his savings, his car, and his house as thieves stripped him bare. Money Box reporter Dan Whitworth investigates.

The government is about to announce changes to who is eligible to receive the Warm Home Discount in England and Wales. This £140 payment off one electricity bill will be raised to £150 from next winter. But charities are warning that there will be more than 200,000 disabled people who will no longer get the payment even though, overall, it will go to more people. We hear from Louise Rubin, Head of Policy and Campaigns at the disability equality charity, Scope.

One in four households will not be able to pay their electricity and gas bills in October if prices rise again as they are expected to - that's according to Citizens Advice, as the cost of heating our homes rises much faster than our incomes. Already millions of households are in what is called fuel poverty — unable to afford to heat and light their home. We hear from Caroline Flint, the newly appointed chair of the government’s Committee on Fuel Poverty.

And there are two weeks left to top up your 2021/22 tax free ISA. But would you do better using a regular savings account? We hear from Anna Bowes, co-founder of SavingsChampion.co.uk

Presenter: Paul Lewis
Producer: Paul Waters
Reporter: Dan Whitworth
Producer: Louise Clarke-Rowbotham
Editor: Richard Vadon

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