Fraud victims facing cold shoulder

Friday, 21 January 2005, 12:05 AM EST

People who fall victim to online fraud may find their banks won't compensate them in future.

The growing problem of phishing and the theft of account details meant British banks compensated more than 2,000 fraud victims a total of £4.5m in refunds in the first half of this year. Banking organisations said this could not continue.

By Paul Allen at vnunet.

[ Read more ]




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