SSIA savers beware: scam artists are coming after your money

SAVERS who are enjoying their SSIA bonuses have been warned to keep their hard-earned cash away from murky pyramid schemes, charity frauds and free holiday offers.

Finance experts fear criminals are working up scams to part savers from their money with so-called “get rich quick” scams on the back of the first wave of generous Government bonuses.

SSIAs (Special Savings Incentive Accounts) were introduced by the Government to encourage people to get into the habit of saving long-term.