The methods fraudsters use to trick people out of their money are constantly changing. We look into the top 3 current bank transfer scams.

New data released has displayed the scale of the problem in the banking industry when considering refunds for victims of scams, also known as Authorised Push Payment fraud (APP).

In 2020, people in the UK lost over £135 million to investment fraud and scams, and only a very small amount of the money lost was ever refunded. At VFRS, we think this is wrong.