A fraud awareness leaflet has been sent to Island residents this week to raise awareness of the crime.
The Isle of Man Bankers Association, police and Victim Support have produced the pamphlet which was delivered on Monday as well as going out across social media.
The three organisations say more people are being affected by the crime as the use of technology becomes more accessible across the generations.
Peter Reid is the president of the Isle of Man Bankers' Association:
Revamp of airport terminal planned, says DOI
The Department of Infrastructure says a series of improvements to the airport terminal have been planned for the next three years.
Four ferries now listed as cancelled today
The Steam Packet says it's cancelled a total of four sailings because of bad weather today, Saturday, April 4.
One weekend sailing cancelled, others at risk because of weather
The Steam Packet says it's cancelled its Saturday afternoon sailing because of bad weather.
Politician questions risk of Easter meningitis outbreak
Could the Island face a meningitis outbreak over Easter?
Firefighters tackle flat fire down South
The fire and rescue service dealt with a flat fire in Castletown earlier this afternoon
Weather warning for storm Dave this weekend
Ronaldsway Met office has issued a yellow weather warning for severe gales as storm Dave will hit the Island.
Roads to close for music festival this weekend
Roads in Ramsey will be closed for a day this weekend for a Manx music and dance festival.
How long do mental health patients stay in Manannan Court?
How long do patients generally spend in the mental health ward during a crisis?
