TSB sees 35% rise in purchase fraud cases

8th November 2023 Consumer Lending | #fraud rise

The number of purchase fraud cases seen by TSB increased by 35%, largely driven by social media platforms.,  between January and October 2023, with an average loss of over £500 per case. Ahead of the busy Christmas shopping period, TSB is warning consumers about the increased risk of purchase scams, as the bank reveals a…

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