Customers are being warned to be careful for buy scams as Black Friday approaches on November 26.
Scams involving items or companies which can be paid for up-front however by no means materialise are the most typical type of authorised push cost (APP) rip-off affecting HSBC UK clients, the financial institution stated.
APP scams occur when persons are tricked into transferring cash from their checking account on to a fraudster.
HSBC stated its personal buyer figures present greater than 6,200 buy rip-off circumstances being reported in 2021, up till the tip of August.
David Callington, head of fraud at HSBC UK stated: “If a deal appears to be like too good to be true it in all probability is. Use safe cost strategies and solely purchase from websites you belief.”