NORTH WEST FRAUD FORUM

Is battle against fraudsters about to be won at last?

16 Oct 2024 12:35 PM | Anonymous member (Administrator)

Being scammed is awful but from now on you’re at least going to get your cash back.

After well over a decade of fraudsters robbing people blind, finally we have some good news! The Payment Services Regulator (PSR) – the organisation in charge of the systems we use to pay for things in the UK – has announced that UK banks and other (but not all) money transfer services must refund people who have been defrauded up to £85,000. This money must now be refunded within five working days.

https://www.scotsman.com/business/consumer/is-battle-against-fraudsters-about-to-be-won-at-last-4819498

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