A bank has warned people to be on the alert for scammers as cases of impersonation fraud surge.
TSB said the average victim of impersonation fraud loses £4,000, with household names like Royal Mail, Amazon, and BT being used to lure unsuspecting people into sending money to scammers.
Paul Davis, director of fraud prevention at the bank, said: “Households are bombarded with scam calls, texts, and emails every day.
“We’re urging them to remain suspicious of any unsolicited contact, to avoid falling victim to fraud at a time when the impact would be hardest felt.”
Impersonation fraud is an attack in which a criminal impersonates a company, business, organisation, or individual as a key component, and reported cases have soared by 300 percent since 2019.