Lloyds Bank has issued an important warning to all its account holders this Black Friday weekend.
The warning has been issued as a significant number of UK residents are losing out in excess of £500 on Black Friday scams, reports Chronicle Live. Analysis has shown that purchase scams have soared by a whopping 29 per cent for this discounted weekend, compared to last year.
The bank has said that certain goods have shown the most risk, with scams involving clothing purchased online rising by more than 600 per cent. The banking giant has added that the overall rate of purchase scams in 2022 is up by 14 per cent.