This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-37888327
The article has changed 9 times. There is an RSS feed of changes available.
Version 4 | Version 5 |
---|---|
Tesco Bank customers lose money to 'fraudsters' | Tesco Bank customers lose money to 'fraudsters' |
(35 minutes later) | |
Thousands of Tesco Bank current account customers appear to have been targeted by fraudsters, with some saying they have lost hundreds of pounds. | Thousands of Tesco Bank current account customers appear to have been targeted by fraudsters, with some saying they have lost hundreds of pounds. |
Customers have complained about money being withdrawn without permission, cards being blocked and long delays to get through to the bank on the phone. | |
The bank said its anti-fraud systems had identified "suspicious activity" on a number of customer accounts". | The bank said its anti-fraud systems had identified "suspicious activity" on a number of customer accounts". |
It said some cards were immediately blocked as a precautionary measure. | It said some cards were immediately blocked as a precautionary measure. |
Those cardholders would still be able to use online banking, the company said. | |
Tesco Bank said the customers affected numbered "in the thousands but less than 10,000" and that they had all been sent alerts to notify them. It said they should contact the bank if they had any concerns. | Tesco Bank said the customers affected numbered "in the thousands but less than 10,000" and that they had all been sent alerts to notify them. It said they should contact the bank if they had any concerns. |
Alan Baxter from Berwick-upon-Tweed said he had lost £600, leaving him with just £21.88 in the bank. | Alan Baxter from Berwick-upon-Tweed said he had lost £600, leaving him with just £21.88 in the bank. |
He said: "Tesco said they couldn't offer me emergency funds but would offer £25 as a goodwill gesture. | He said: "Tesco said they couldn't offer me emergency funds but would offer £25 as a goodwill gesture. |
"I've got food and petrol to pay for. I have a delivery of coal coming tomorrow for our coal-fired heater and I won't be able to pay." | "I've got food and petrol to pay for. I have a delivery of coal coming tomorrow for our coal-fired heater and I won't be able to pay." |
Kevin Smith, from Blackpool, said he had lost £500 from one account and £20 from another. | |
He said: "I was just about to go to bed last night when I received a text message from Tesco saying there had been fraud on my account. So of course you panic." | He said: "I was just about to go to bed last night when I received a text message from Tesco saying there had been fraud on my account. So of course you panic." |
'Vanished' | |
Other customers complained on Tesco Bank's website and on social media about long delays when calling the company's customer service line to find out if their account was affected. | |
"Appalling service here. Woken at 4am to say contact urgently. Spent over three hours on hold. No answer," one wrote. | |
Another wrote: "Been waiting 40 mins to get through to @TescoBankNews. I hope my money is safe..." | |
A third said: "My weekend is not going very well, thanks to Tesco Bank. Money has vanished from my account and you don't even answer the phone." | |
The Financial Conduct Authority says banks must refund unauthorised payments immediately, unless they have evidence that the customer was at fault or the payment was more than 13 months ago. | The Financial Conduct Authority says banks must refund unauthorised payments immediately, unless they have evidence that the customer was at fault or the payment was more than 13 months ago. |
Banks are also required to refund any charges or interest added to your account as a result of the fraudulent payments. | Banks are also required to refund any charges or interest added to your account as a result of the fraudulent payments. |
Tesco Bank has been wholly owned by Tesco plc since 2008, after starting life as a joint venture with Royal Bank of Scotland. | Tesco Bank has been wholly owned by Tesco plc since 2008, after starting life as a joint venture with Royal Bank of Scotland. |
It offers a range of personal banking products, including credit cards, personal loans, savings, mortgages and general insurance. | It offers a range of personal banking products, including credit cards, personal loans, savings, mortgages and general insurance. |
The bank has more than seven million customer accounts and 4,000 staff, based in Edinburgh, Glasgow and Newcastle. | The bank has more than seven million customer accounts and 4,000 staff, based in Edinburgh, Glasgow and Newcastle. |
Are you a Tesco Bank customer affected by this? You can email haveyoursay@bbc.co.uk with your experiences. | Are you a Tesco Bank customer affected by this? You can email haveyoursay@bbc.co.uk with your experiences. |
Please include a contact number if you are willing to speak to a BBC journalist. You can also contact us in the following ways: | Please include a contact number if you are willing to speak to a BBC journalist. You can also contact us in the following ways: |
h | h |
Or use the form below | Or use the form below |