Main content

How a bank warned about fraud but still allowed it to happen

You & Yours reports on how a bank warned a customer he was being defrauded but then still allowed him to send criminals half a million pounds. The man's family claim the bank told him several times they thought it was fraud, but still allowed the payments to go through. The 69-year-old, who has terminal cancer, made 13 international payments worth hundreds of thousands of pounds. Banks are allowed to refuse to send money if they think it's going to fraudsters, and can also call the police, if their customer doesn’t believe they've been caught up in a fraud. Peter White presents.

First broadcast on You & Yours, 16 April 2021.

Release date:

Duration:

9 minutes

This clip is from