Thursday, 23 May 2019
News with tag Fraudsters  RSS
Banking fraud complaints surge 43% to all-time high, says financial ombudsman

Added: 16.05.2019 14:17 | 25 views | 0 comments

Complaints about banking scams and fraud have surged 43 per cent to an all-time high, the finance industry’s adjudicator has said. Payday loans complaints also more than doubled last year, with a “startling” 40,000 new disputes opened. The “unacceptable” rise pushed the total number of complaints to the Financial Ombudsman Service (FOS) up 14 per cent to 388,392 - the biggest annual total in five years. We’ll tell you what’s true. You can form your own view. From 15p €0.18 $0.18 USD 0.27 a day, more exclusives, analysis and extras. Subscribe now Scams where fraudsters convince victims to transfer money out of their accounts are now one of the fastest growing types of fraud, the...

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