Fraud victims face wildly different outcomes depending on how they transferred their money to criminals, leaving many victims with nowhere to turn.
People who pay a scammer by anything other than UK transfers using Faster Payments and CHAPS (Clearing House Automated Payment System) may have no protection whatsoever under the new fraud reimbursement rules introduced on 7 October.
What the new rules mean
Source: Which? (16 Oct 2024)
