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UK warns banks are failing to stop romance scams, costing victims £106M in 2024/25.
The UK's Financial Conduct Authority warns banks are failing to consistently prevent romance scams, despite opportunities to intervene.
In 2024/25, victims lost over £106 million on average £11,222 each, with 85% of scams starting online via social media or dating sites.
Many victims didn’t disclose the true purpose of payments, and some were pressured to borrow or sell assets.
The FCA found gaps in detection, training, and aftercare, though some banks made multiple outreach attempts.
It urged better monitoring, staff training, and compassionate support, highlighting that early intervention can disrupt fraud.
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Reino Unido advierte que los bancos no están logrando detener las estafas románticas, costando a las víctimas 106 millones de libras en 2024/25.