The Office of Fair Trading is warning residents of another new scam which appears to be in operation on the Island.
A resident has reported an incident where they were targeted by someone claiming to be offering a refund for Payment Protection Insurance which had been mis-sold by the bank.
The caller, who knew the resident’s full name, address and date of birth, said they were from Money Saving Expert and were in the area with a cheque for £4,500.
In return they wanted £190 of UKash vouchers to cover their costs.
These vouchers are not available in the Isle of Man and the resident became suspicious and reported the call.
Anyone who receives a similar call is asked to contact the Office of Fair Trading on 686565.