A MAJOR high street bank has warned customers over a scam that could see them lose £500. Brits have been urged to look out for a fraudulent scheme that cost loyal members a total of £2million last year. 1 A major high street bank has urged customers over a scam that could see them lose £500 Credit: Alamy Santander UK raised the alarm after authorised push payment scams hit customers from Christmas Day to New Year's Day.
One bank client saw £1,700 drained from their account after they transferred their hard earned cash to a "recruiter" on WhatsApp. In another serious case, a customer lost a heartbreaking £600,000 - the biggest amount in 2023, as reported by the Daily Record. Santander warned a spike in scams is often seen across the festive period as people let their guards down, often searching for presents on sale, or cheaper event tickets.
Read More on Money PAYBACK Santander issues warning to thousands of customers after they were paid TWICE BANK ON IT Which banks were top of the best buy tables for savings accounts in 2024 Christmas Day 2024 saw many fall victim to fake football match and Taylor Swift concert tickets via social media platforms such as Instagram and Facebook Marketplace. Fraudsters also took Boxing Day as an opportunity to strike, targeting vulnerable Santander customers by pretending to be bank employees. Figures from Santander revealed there were just under 600 scams from Christmas Day to New Year's Day.
Pete Staffel, Santander UK's behavioural scie.
