The owner of two major cashback websites is set to go bust meaning users won't get the majority of the hundreds of thousands of pounds they had collectively accrued.
The Government has opted against setting up a state-backed Post Office Bank because it would be too time-consuming and expensive, ministers have announced.
Two advance fee frauds involving over a dozen debt elimination companies have been uncovered, affecting 15,000 victims and netting the companies an estimated £6 million.