Banks need stricter controls to prevent romance fraud, says City regulator – The Guardian

Posted October 17th, 2025 in news by sally

‘The City regulator has called on banks and payment firms to bring in stricter controls protecting customers from romance fraud after a study showed a number of missed “red flags” that led to people losing huge sums of money.’

Full Story

The Guardian, 17th October 2025

Source: www.theguardian.com