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The Independent UK
The Independent UK
Business
Camilla Foster

5 red flags of friendship scams to look out for

Friendship fraud involves scammers building fake intimate or friendly relationships online to manipulate victims for financial gain (Alamy/PA) - (Alamy/PA)

A bank has issued a warning about scammers who are exploiting people’s loneliness and desire for connection to trick them out of money.

TSB Bank revealed that its data shows the average loss per impersonation fraud case – where criminals pose as a person or organisation – is more than £3,100.

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