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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...

Scams reimbursement scheme may miss out blameless victims, Which? warns

Banks should foot the bill for all blameless victims of bank transfer fraud, Which? has urged, as new proposals to introduce a reimbursement scheme draw closer.

More help for payment scam victims – but some will still be out of pocket

Victims of bank transfer scams could soon be reimbursed for their losses if their bank was to blame under new plans announced today – but thousands of people will still...

Bank transfer fraud hits £145m in just six months

Fraud victims have lost more than £145m so far this year to the scam that leaves them with no legal way of getting their money back, and just 20% of losses have been recovered.

Which? warns of suspected scam holiday booking website

Holiday booking site Myhouseboatsamsterdam.com has reportedly tricked victims into making bank transfers by posing as a legitimate business, leaving them hundreds of pounds out of pocket.  The site is currently...

Victims tricked into transferring scammers money granted better protection

People who unwittingly send bank transfers to scammers will have more scope to make a complaint, under FCA plans to increase the powers of the Financial Ombudsman Service. The proposed...

The current account fraud that can send victims to prison – are you at risk?

The number of people duped into being 'money mules' is increasing - find out what it is, what to look out for and how to protect yourself from being targeted

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