Bank issues urgent scam warning after new surge in people asked for cash upfront

United Kingdom News News

Bank issues urgent scam warning after new surge in people asked for cash upfront
United Kingdom Latest News,United Kingdom Headlines
  • 📰 Daily_Record
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 89%

Bank issues urgent scam payment warning after new surge in people being asked for money upfront

Lloyds Bank has issued an urgent warning to all banking customers following a new report which indicates that the number of ‘advance fee’ scams has surged over the last 12 months. These are scams which involve people being asked to pay fees upfront for goods or services such as loans that never materialise.

Lloyds said its figures suggest people living in deprived areas may be particularly likely to report being scammed in this way. It said reports of loan fee scams have more than doubled over the past 12 months, compared with the previous year. The average amount lost by victims last year was £214. In one case seen by Lloyds, a woman was searching online for loans after receiving a bill for car repairs. She then received an unsolicited WhatsApp message from someone offering her a £1,300 loan without credit checks.

The attempted payment for £199 was blocked by the bank and the person she was dealing with on WhatsApp asked her to send the money to another account.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily_Record /  🏆 9. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Car crushing mayhem at Hot Wheels Monster Trucks wows familiesCar crushing mayhem at Hot Wheels Monster Trucks wows familiesThe jaw dropping 'Glow Party' stunt show captivated the audience at Liverpool's M&S Bank Arena
Read more »

Man caught after he tried to use stolen bank card in McDonald'sMan caught after he tried to use stolen bank card in McDonald'sThe victim was alerted his card had been stolen by a message from his bank
Read more »

Bank of Japan eases bond market strains with loans to banks\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »

Santander offering £200 to anyone switching to one of its bank accountsSantander offering £200 to anyone switching to one of its bank accountsA BANK is offering £200 to anyone switching to one of its accounts. New and existing customers receive the cash bonus when they move to an eligible Santander current account using the Current Accou…
Read more »

The rumbling percussion of artillery echoes as a David and Goliath battle takes place in the city of BakhmutThe rumbling percussion of artillery echoes as a David and Goliath battle takes place in the city of BakhmutAs you approach the rumbling percussion of artillery echoes all around - it's the sound of a coming storm. Russia's advance is choking routes into this desperate place, which is at the epicentre of this war.
Read more »

Inside London flat with 'pool, sauna & SPA' as it hits market for £17MInside London flat with 'pool, sauna & SPA' as it hits market for £17MA “BREATHTAKING” pad boasting gorgeous city views has hit the market for £17million. Southbank Place sits on the south bank of the River Thames in central London. It boasts four bedroom…
Read more »



Render Time: 2025-02-21 07:53:46