by AlanJones
Fraud victims conned into transferring their cash to criminals will now get a refund from Britain's biggest banks.https://www.dailymail.co.uk/money/beatt ... -code.html
In a victory for the Mail, savers' nest eggs will be protected under a new code which came into effect yesterday.
It is backed by major lenders including the so-called Big Four – Barclays, Lloyds, HSBC and Natwest owner Royal Bank of Scotland.
A total of £354 million was lost last year by 85,000 people in a wave of so-called authorised push payment (APP) scams. These happen when a fraudster persuades a customer to transfer their money.
Please do not tell scammers that they are listed here - it will take them seconds to change their fake details and their new details will not be listed for any future victims to find.
