HSBC issues urgent warning as customers lose £18million to scams
The average lost by someone who had been conned was £19,728
Updated
The video will auto-play soon8Cancel
Play now
Never miss another Leicestershire story by signing up to our free email updatesInvalid EmailSomething went wrong, please try again later.
Sign up
When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyâll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.
Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice
People are being warned to watch out for investment scams as the end of the tax year approaches, as HSBC UK said just over £18 million was taken from its customers by fraudsters posing as legitimate providers in 2020.
A total of £18,090,154 worth of losses were reported to HSBC UK by its customers due to investment scams in 2020.
Adverts may look like genuine offerings from a bank or financial services provider, and fake cryptocurrency investment schemes are also an issue, the bank said.
Fraudsters target people by email, social media, or phone and also set up convincing web pages to trick victims into transferring money.
HSBC issues urgent scam warning after customers hand over £18m to fraudsters
The bank also offers top tips for spotting dodgy investment scams.
A total of £18,090,154 worth of losses were reported to HSBC UK by its customers in 2020 (Image: Getty Images)
Get the latest Scottish crime and courts news sent straight to your inbox with our Criminal Record newsletter.Invalid EmailSomething went wrong, please try again later.
Subscribe
When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyâll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.
HSBC scam alert as bank outlines four warning signs that all customers should watch out for
Fraudsters may target people by email, social media and phone messages
Updated
The video will auto-play soon8Cancel
Play now
Sign up to our newsletter for daily updates and breaking newsInvalid EmailSomething went wrong, please try again later.
Sign up here!
When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.
HSBC issues urgent scam warning as customers lose £18m to fraudsters
Fraudsters target people by email, social media or phone and also set up convincing web pages to trick victims
People are being warned to watch out for investment scams (Image: Tim Ockenden/PA Wire)
Sign up to our newsletter for daily updates and breaking newsInvalid EmailSomething went wrong, please try again later.
Sign up here!
When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyâll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.