Friday afternoon fraud involves scammers hacking into the email account of a conveyancer or home buyer, and using it to monitor and intercept emails.
This type of fraud can happen on any day of the week, but committing the crime on a Friday means victims may not realise they've been scammed until Monday morning. This gives the fraudster more time to withdraw and transfer the stolen funds.
Discover how it works and get expert advice from our Which? Investigates podcast. (27 Mar 2023)