Fraud victims are being abandoned by banks and treated appallingly when they try to get their money back, a consumer watchdog has found. The cost of scams in which victims were tricked into transferring money to a fraudster soared to £479million in 2020. said reimbursement rates remained shockingly low – with banks finding victims at least partly responsible for their losses in 77 per cent of cases. The cost of scams in which victims were tricked into transferring money to a fraudster soared to £479million in 2020 (file photo)Tips for scam victims from Which? Change your passwords for any accounts that have been compromised due to fraud and any that use the same password.

Source: Daily Mail September 14, 2021 23:00 UTC