Bank highlights the risks of new friendship-based scams targeting customers.
Highlights:
- TSB reports a rise in friendship fraud targeting vulnerable customers.
- Scammers exploit social media to build trust before defrauding victims.
- Bank urges heightened vigilance and intelligent online interactions.
TSB has issued a warning about a troubling increase in friendship fraud cases. Scammers are using social media platforms to gain the trust of individuals before exploiting them for personal gain.
The bank reported that these fraudsters often pose as friends or acquaintances, making it difficult for victims to identify the deceit. This type of scam particularly targets younger and vulnerable customers.
TSB emphasizes the importance of being cautious when engaging with unknown contacts online and suggests that customers should refrain from sharing sensitive information.
As these types of scams become more prevalent, TSB is encouraging heightened awareness and protective behavior among its clients to prevent financial loss.
