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April 20, 2022

On the web

TSB warns impersonation fraud has surged by 300% – signs to look out for


“Impersonation fraud is an attack in which a criminal impersonates a company, business, organisation or individual as a key component, and reported cases have soared by 300% since 2019. Retail banking company, TSB , has warned people to be on the alert for scammers as cases of impersonation fraud soar. TSB said the average victim of impersonation fraud loses £4,000, and household names like Royal Mail, Amazon and BT are used to lure unsuspecting people into sending money to scammers.    Paul Davis, director of fraud prevention at the bank, said: “Households are bombarded with scam calls, texts and emails every day.”

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