'Anyone Can Be Scammed': Expert Issues Warning Ahead of Christmas Period

Major British bank with five million customers warns of surge in purchase scams ahead of festive shopping season

TSB Bank has issued a fresh warning about a sharp rise in purchase fraud as the festive shopping season approaches. The bank said such scams now account for 63 per cent of all bank transfer fraud cases reported by customers, up from 52 per cent a year earlier.The findings are based on TSB’s analysis of fraud cases between January and September 2025, which showed an 11 per cent increase in incidents compared with the same period last year. Each v…

TSB Bank warns of surge in ‘convincing’ con costing victims £452

Shoppers are being warned about a spike in purchase fraud ahead of the Christmas shopping period.

'Anyone can be scammed': Expert issues warning ahead of Christmas period

Karen Evans from South Lakes Citizens Advice has warned the public of the threat of scammers in the lead up to Christmas – new data shows the damning scale of scamming in the last year.

Bank warns of spike in purchase fraud ahead of Christmas shopping season

TSB said it recorded an 11% annual increase in the volume of purchase fraud cases between January and September 2025.

TSB Warns of Spike in Purchase Fraud Ahead of Festive Shopping Season, as Bank Ups Calls to Social Media Firms

New TSB data1 reveals that purchase scams now account for 63% of all bank transfer fraud cases reported by its customers – up from 52% in 2024. The bank also recorded an 11% year-on-year increase in the volumes of purchase fraud cases between January and September 2025, with victims losing an average of £452 per scam. Purchase fraud is a key driver of fraud cases across the banking sector, as UK Finance fraud data2 recently revealed that purchas…