Sunday, 30 August 2026 · World
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EUROS The World Financial Report
Nº 50 Sunday, 30 August 2026 · World Edition
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New payment set up? Get in touch! The bank scam where your ‘bank’ is the scammer

Business | The Guardian · 1h ago
New payment set up? Get in touch! The bank scam where your ‘bank’ is the scammer

Impersonation scams – where callers or texts claim to be from trusted entities such as banks, HMRC or even the police – are rife … and growing ‘I’ve £80k in the account, here’s my pin’: turning the tables on scammers Your phone pings and it’s a message from your bank about a new payment being set up on your account. If you do not recognise the transaction, it says, you should get in touch. There’s a number for you to call. The person on the other end of the line tells you that your account has been compromised by scammers. They need details from you so they can help protect your money. Before

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