Santander has issued a warning to customers this festive season as nearly two million pounds were reported lost to scams last year, including a significant investment fraud.
Scammers often target consumers during the holidays through impersonation scams and enticing offers on popular items like concert tickets and clothing, leading to significant financial losses.
Data from Santander revealed that between December 25, 2023, and January 1, 2024, there were 596 reported scams, highlighting the need for caution during holiday shopping.
To avoid scams, customers should verify the identity of callers and emails, be skeptical of deals on social media, and take time to double-check payments.
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