Refund all victims of bank transfer scams, say MPs
Call for victims who have lost thousands of pounds by transferring money to a fraudster since 2016 to be paid back by their bank.
Revealed: £208m lost to bank transfer scams this year
Fraudsters stole more than £208m through bank transfer scams in the first half of 2019 - and only a fraction was ever returned to victims.
Revealed: the 12 banks that haven’t signed the code protecting you from scams
A new code offers scam victims reimbursement and increased protection, but just under half of the UK's major banks and building societies haven't signed up.
Scam victims to be reimbursed under new code: has your bank signed up to protect you?
People tricked into transferring money to fraudsters have increased protection under a new code - but only some banks have signed up. Will your bank protect you?
Fraud complaints hit record high as banks’ new anti-scam measures delayed
The Financial Ombudsman Service (FOS) has reported a massive surge in bank and fraud complaints over the past year, just day after a new security measure was delayed.
TSB will refund ALL scam victims – even if they gave details to fraudsters
TSB has vowed to pay back customers who have lost money to scams - even if they've sent a payment to a fraudster or handed over banking details.
Revealed: £354m lost in bank transfer scams in 2018
More than £354m was stolen from banking customers and small businesses through sophisticated bank transfer scams in 2018 – with only £83m ever recovered and returned to victims. New figures...
Bank transfer scam victims to get refunds from May 2019
Victims of bank transfer scams, who've lost almost £400m over the past two years, will get refunded by their bank under a new reimbursement scheme agreed by banks
Which? issues warning as scammers target NatWest and RBS customers
NatWest and Royal Bank of Scotland (RBS) customers are potentially being targeted by scammers, Which? can reveal, after hearing from victims who lost a staggering £350,000 in all. Which? Money...
Phone companies to end bank text scams
Phone companies have pledged to end number spoofing, where scammers hijack bank text messages and scare people into calling them back.