
The scammers have been sending convincing letters masquerading as a genuine company such as a law firm. The bank has warned people to always double check by calling the company on the head office number.
Lloyds Bank is the latest bank to issue a new scam warning as more reports of convincing scams hit the headlines every day.
It has warned people to be extra vigilant as these scams become more and more sophisticated conning people out of thousands of pounds in cash.
One of the latest scams doing the rounds is a letter that claims to be from a genuine company, such as a law firm.
The letter demands a payment of an unpaid debt that a loved one is supposed to have left behind.
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Another scam that has been tricking Britons out of their hard-earned cash is sent over WhatsApp pretending to be from a family member in trouble.
Lloyds Bank said victims are losing around £1,950 each on average to this ‘cruel scam’.
A spokesperson for Lloyds Bank said: “The story they tell varies but most often they will claim that because it is a new phone, they don’t have access to their internet or mobile banking account, and therefore they need urgent help with paying a bill.”
A simple way to check whether this is genuine is to call the family member on their usual number and never send money without speaking to the person first.
In addition, Santander also issued a scam warning recently after a couple lost £20,000 in…