Banks tell the vast majority of fraud victims they are to blame, warns Which?, with investment scam victims the most likely to be told they won't be reimbursed.
Over £200m was lost to bank transfer fraud in the first half of 2020, but nearly two thirds of losses weren't covered. Which? looks at new data from UK Finance.
Banks are treating many victims of fraud unfairly or inconsistently, a new Which? report reveals, as it presses for the industry reimbursement scheme to be made mandatory.