Beware the bogus bank employees who could scam you of your life savings

Police are warning of ‘courier fraud’, where victims dial their bank’s number and speak to ‘staff’ who persuade them to part with huge sums of money.

It starts with a phone call from someone pretending to be from your bank, and can end with the loss of £40,000 or more. It’s one of the most sophisticated bank frauds police have seen – one that targets older women in well-off areas. The banks know it is going on but are refusing to reimburse victims. So why have there been so few warnings about this scam?