The number of WhatsApp scams has soared by 2,000% in the past year - according to analysis from Lloyds Bank.
Fraudsters are increasingly turning to the instant messaging app in a bid to con users out of their hard-earned cash. The total number of scams reported as starting on WhatsApp had increased twenty-fold between 2020 and 2021.
On average, victims of the scams lost around £1,950 each. Lloyds Bank has now issued some message characteristics to be wary of.