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Banks fail in bid to water down protections for online shopping scams as watchdog confirms victims will still be covered by refund pledge Banks had wanted purchase scams to be excluded from an anti-fraud code They feel they should not have to pay out when victims lose money this way The watchdog said it would … Read more
Why was I re-billed £115.25 for a clearly fraudulent PayPal transaction even though I’d never had an account and never made the purchase? Ethan Patterson, 18, spotted two suspicious purchases at the start of November He said the transactions were fraudulent as he had never had an account The money was initially refunded but was … Read more
Widower Thomas Wyness is fighting back after being targeted by scammers For nine years, widower Thomas Wyness was bombarded with letters telling him he’d won high-value cash prizes, televisions and cars. All he needed to do, the letters told him, was send a small sum of money to an overseas postbox to claim it. But … Read more
Widower Thomas Wyness is fighting back after being targeted by scammers For nine years, widower Thomas Wyness was bombarded with letters telling him he’d won high-value cash prizes, televisions and cars. All he needed to do, the letters told him, was send a small sum of money to an overseas postbox to claim it. But … Read more
TSB still hasn’t rolled out extra online banking security for all customers 10 months after deadline as it comes second-bottom for online security The bank ranked second bottom for online security in new research by Which? This was largely due to its failure to roll out two-factor authentication Banks had been required by the regulator … Read more
Fake texts from fraudsters pretending to be Royal Mail and emails impersonating the likes of Microsoft, UPS and car park operators were among the scams which tried to catch Britons out over the festive period. This is Money asked for readers’ experiences after we reported how phishing emails which pretended to be from the courier … Read more
Online fraudsters hit lockdown shoppers as stolen payment cards for sale on ‘dark web’ rise By Neil Craven for The Mail on Sunday Published: 22:16 GMT, 26 December 2020 | Updated: 22:58 GMT, 26 December 2020 Cyber security experts recorded a sharp rise in online shopping fraud in November as stores shut during the month-long … Read more
Online vehicle scams are on the rise with victims losing a total of £16.5million in nine months of this year alone, new research has revealed. This is up 10 per cent on the same months of March and November last year, according to data from Action Fraud. Vehicle scams often involve fraudsters posting images of … Read more
Online vehicle scams are on the rise with victims losing a total of £16.5million in nine months of this year alone, new research has revealed. This is up 10 per cent on the same months of March and November last year, according to data from Action Fraud. Vehicle scams often involve fraudsters posting images of … Read more
Banks can wriggle out of paying fraud refunds if they can prove victims ignored warnings on their websites. Yet a damning report by the Lending Standards Board (LSB) revealed last week that many of these scam alerts are vague, ineffective and not good enough. The watchdog refused to name and shame the banks with the … Read more