Scams

Banks must not automatically assume their customers are at fault if they're targeted by sophisticated scammers, the Financial Ombudsman Service has said.

Two regulators have warned that pension scam victims lost £91,000 each on average in 2017, leaving them struggling to make ends meet during retirement.

Scammers are pretending to be from the Financial Ombudsman Service to try and trick victims into handing over personal information, the watchdog has warned.

A new code of conduct for the way banks treat victims tricked into transferring cash to a fraudster's account will come into force in September to tackle a surge in so-called 'transfer scams'.

MoneySavingExpert.com founder Martin Lewis has said he's "sickened" by a new scam which tries to trick victims using his name and profile picture on Facebook Messenger.

An advert for a 'Martin Lewis tax-free loophole' – which has nothing to do with the MoneySavingExpert.com founder – has appeared alongside a Yahoo news story about scam sites misusing Martin Lewis's name.

An app to help mobile users avoid nuisance calls and log complaints about dodgy firms has been launched.

Payday lender Wonga is investigating an "illegal and unauthorised access" to data which could affect around 245,000 customers in the UK customers and a further 25,000 in Poland.

MoneySavingExpert.com founder Martin Lewis has been quick to discredit a "fake advert" that claimed he made money out of a risky form of investment known as 'binary trading'. Not only has Martin never invested in binary options, he would never recommend that others do so.

Online shoppers are being conned out of £100s after giving up bank details to authentic-looking emails claiming to be from Amazon. Protect yourself online by NEVER providing sensitive information in an email.