Money Box

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The latest news from the world of personal finance plus advice for those trying to make the most of their money.

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Money Box: Stolen inheritance, Fraud and Pets

Stolen inheritance, Fraud and Pets

BBC Radio 4 - Money Box, Stolen inheritance, Fraud and Pets

A new report recommends sweeping reform in the way fraud is dealt with.

The House of Lords Digital Fraud Committee reports on the systems enabling fraud, the response to fraud and how victims are treated.

A new report out today is recommending sweeping reform in the way fraud is dealt with in England and Wales.  The House of Lords Digital Fraud Committee has spent six months looking at the systems enabling fraud, the response to fraud and how victims are treated.  Recommendations range from a time limit stopping high value payments from leaving accounts, to what it calls 'less carrot and more stick' for companies who enable fraud.   We'll speak to Baroness Morgan who is the Chair of that committee and hear from a woman who had part of her inheritance stolen in a sophisticated scam.

One of the UK's largest mortgage providers has warned Money Box about the dangers of rogue companies installing insulation using what is called spray foam. Nationwide expects more homeowners to enquire about insulation as energy costs rise and the cost of living crisis bites.  Dan Whitworth hears from those affected and gets a response from the industry.

Can customers use government energy bill vouchers to pay for their gas as well as electricity?

And the cost of living crisis has been called one of the biggest threats to animal welfare by the RSPCA.  It's after a survey found that one in five pet owners are worried they won't be able to feed their animals.  The office for National Statistics also says that the price of pet food has risen by almost 14% in a year, increasing more rapidly than the cost of food for humans of about 11%.  We'll speak to pet owners and the RSPA.

Presenter:  Paul Lewis
Reporter: Dan Whitworth
Researcher: Sandra Hardial
Editor: Jess Quayle

(First broadcast 12pm Saturday 12th November, 2022)

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