Sandra Wolf

From the blog: Frank Field’s call for action on cold-calling has reminded us of the fact that despite industry and government agreeing that savers need to be protected from scammers, precisely nothing has happened.

 

We might be tempted to look to the banking sector, where various rules apply depending on how cash was taken from someone’s account – via debit card, credit card or through identity theft.

 

However, if a transaction to scammers was authorised by an unsuspecting account holder, there too, little can be done to get the money back.

 

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