Press statement

Which? comments as HSBC reveals three most common scams

1 min read
Rocio Concha, Which? Director of Policy and Advocacy, said:  "Every day, consumers are being targeted by fraudsters who are relentless in their attempts to steal money and personal information - with devastating consequences for victims. "The increasing sophistication of bank transfer scams leaves all of us at risk, yet consumers continue to face reimbursement lotteries depending on who they bank with. "Now that the government has introduced legislation to enable mandatory APP reimbursement for victims, the Payment Systems Regulator must be ready to ensure that firms are treating customers fairly and consistently, with tough enforcement action against those who break the rules."  
-ENDS-