Santander has reported that purchase scam claims were up by a third in 2023 compared to 2022.
A purchase scam is when a product you pay for turns out to be fake or non-existent. The scammer is seeking to dupe you into handing over your personal and financial details, and the scam may result in loss of money immediately or even months later when you may be retargeted by the scammer.
Read on to find out what these types of scams look like and how to avoid them.
Purchase scams
Source: Which? (10 Apr 2024)
