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Evening Standard
Evening Standard
Vicky Shaw

Bank warns of spike in purchase fraud ahead of Christmas shopping season

TSB
Offers of concert tickets, games consoles and pets are among the purchase scams TSB has recorded (Tim Goode/PA) - (PA Archive)

Shoppers are being warned about a spike in purchase fraud ahead of the festive shopping season.

TSB’s analysis of its data indicated that purchase scams accounted for 63% of bank transfer fraud cases reported between January and September 2025 by its customers – up from 52% across the same period last year.

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