We've seen a spike in reports from MoneySavers who've received emails using Martin Lewis' image to advertise Bitcoin trading. But Martin NEVER endorses products, and nor does MoneySavingExpert.com, so don't be fooled.
Two MoneySavers who were tricked into transferring £10,000s to fraudsters were wrongly refused refunds – despite their banks being signed up to a new code designed to protect customers from 'authorised push payment' scams.
Consumers are being warned to look out for automated phone calls pretending to be from their bank or card company, after a wave of reports of similar scams.
Santander customers will receive tailored warnings about different types of fraud when they transfer money through their banking app, as part of anti-scam measures being rolled out this month.
A service that aims to combat money transfer scams and incorrect payments by checking the name of the person or company you're sending money to online could be delayed until next year.