Santander warning over fraud that sees victims lose hundreds of kilos

Santander has warned a few common scam fraudsters deploy which may see victims lose hundreds of kilos.

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The rip-off is commonly used at vacation locations to dupe unsuspecting vacationers who suppose they're getting a very good deal on a purchase order.

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The financial institution shared an individual’s story in a Twitter publish, who was shopping for souvenirs on vacation after they discovered an electronics store.

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They stated: “The owner was so welcoming. He had a great deal on an iPad and I couldn’t say no.

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“I tried to pay a few times and he said there was a ‘dodgy internet connection’. Next thing I know I realised I’ve been scammed out of thousands of pounds.”

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Santander urged individuals making purchases whereas on vacation to at all times double verify the quantity displayed on the cost gadget.

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The financial institution additionally stated if the vendor says the transaction has failed, the buyer ought to ask for a receipt to point out it has.

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Santander additionally stated: “Remember you can always check the transaction status in your mobile banking app.”

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Santander lately issued recommendation after an individual was despatched a suspicious textual content telling them to evaluate their account due to “recent activities”.

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Scammers usually ship out messages pretending to be from banks or different legit teams with hyperlinks to web sites beneath their management.

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The financial institution stated: “This seems like a scam. We wouldn't normally ask customers to click links within SMS messages.”

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Another particular person shared an e mail that they had acquired purportedly from Santander to say their Google pay card had been cancelled.

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The message was very convincing because it included the final 4 digits of their card quantity.

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A Santander spokesperson informed Express.co.uk beforehand: “Fraudsters will often use personal or financial detail previously obtained through phishing, smishing or vishing to make their approach to potential victims look more convincing.

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“If customers are in any doubt at all about whether a message is genuine, they should get in touch by calling the Stop Scams number on 159.”

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For the newest private finance news, comply with us on Twitter at @ExpressMoney_.

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