Lloyds Bank warns of rising online shopping scams, with losses up 13% despite fewer reports.

Lloyds Bank warns of online shopping scams, with the average loss rising by 13% to £545 despite a 20% drop in scam reports. Most scams start on social media, and wedding-related frauds have increased by 24%, with victims losing an average of £468. The bank advises caution, especially on social media, and warns against buying medication online.

3 months ago
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