EDM 1020: Scams and fraud

That this House expresses deep concern over the rise of scams across the UK which target older and vulnerable people; notes the speed at which new technologies continue to provide increasingly sophisticated tools to criminals to commit fraud, at the cost to thousands of individuals who often face little chance of compensation; recognises that scams can be in a variety of forms, including but not limited to, phone scams, cold calls, postal scams, doorstep scams, email scams, pension scams, and investment scams; and calls for increased safeguarding processes in retail spaces to ensure that staff have the necessary information and advice to help them spot and avoid scams targeting the money of older or vulnerable individuals.