Lloyds Bank warns over scam which could cost you £700

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Lloyds Bank warns over scam which could cost you £700
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Lloyds Bank warns over scam which could cost you £700 Curiously

Lloyds Banking Group has issued an urgent warning over the number of "advance fee" scams that have surged over the last year.

Creating fake ads for loans, jobs and rental properties are among the most common tactics currently being used by crooks. The average amount lost by victims in 2022 was £711, down from £1,194 in 2021, suggesting fraudsters may be pursuing a higher volume of lower value scams in the current economic environment.Cases have jumped by 82% over the last year and continuing to increase, according to the latest figures.

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Bank issues urgent scam warning after new surge in people asked for cash upfrontBank issues urgent scam warning after new surge in people asked for cash upfrontThe number of ‘advance fee’ frauds reported to Lloyds Banking Group has jumped by 82% in the last 12 months.
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