Lloyds Bank issues scam warning as Britons lose £1,457 to fraud – ‘Protect yourself!’

“So, although it is tempting – especially when I don’t have a lot of money – it is better to stick to shops and websites that I know are legit.”

Liz Ziegler, the Retail Fraud and Financial Crime Director at Lloyds, discussed how young people, particular students, are in the firing line of these scams.

Ms Ziegler said: “Heading off to university is always an exciting time, with the promise of more independence, the chance to make new friends, and dreams of your future.