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Latest money news: Santander warns about romance scams after 27% surge


The white writing and logo of Santander on a red sign outside a brick and glass facade of a building.

Victims lost an average of £4,500 to romance scams in the last six months (Picture: Kacper Pempel/Reuters)

Welcome to Metro’s money blog where we’re sharing the latest advice on how to avoid the rising scourge of romance scams.

Fraudsters stole more than £3.8milllion from Santander customers in the last six months, the bank said.

That’s a 27% jump from the previous period, with the average victim losing £4,500.

And it seems scammers don’t discriminate by age, with affected customers ranging from 18 to 93, according to Santander.

Other scams that have emerged include fake product giveaways on social media, through which scammers steal your personal data.

We’ve got all the details in our live updates below.

…read more

Source:: Metro

      

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