Santander cautions public of increase in romance scams, according to recent financial updates.

On average, customers lost £4,500.

October 2nd 2024.

Santander cautions public of increase in romance scams, according to recent financial updates.
Welcome to Metro's money blog, where we're here to help you avoid falling victim to the increasing threat of romance scams. These scams have become a serious issue in recent months, with victims losing an average of £4,500 in the last six months alone. This is a significant increase from the previous period, with a 27% jump in the amount of money stolen from Santander customers. That's a staggering £3.8 million in just six months.

What's even more concerning is that these scammers don't seem to care about the age of their victims. According to Santander, those affected ranged from 18 to 93 years old. It's a troubling reminder that anyone can fall prey to these deceptive schemes. It's not just romance scams either - other common scams include fake product giveaways on social media, where scammers trick people into giving away their personal information.

We understand that these scams can be overwhelming and stressful, which is why we're here to provide you with the latest advice and updates to help you protect yourself and your hard-earned money. Our team is constantly monitoring the situation and will be sharing any new developments or tips to help you stay safe. Make sure to stay tuned for our live updates below.

In the meantime, it's important to remain vigilant and educate yourself on how to spot and avoid these scams. Remember to never give out personal information or send money to someone you have met online, no matter how convincing their story may seem. If you suspect that you or someone you know may have fallen victim to a romance scam, don't hesitate to report it to your bank and the authorities immediately. Together, we can work towards putting an end to these deceitful and harmful scams.

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