Which? Scam Alerts – 12/03/2026

Scam Alerts

The banks least likely to refund scam victims

New data reveals the banks least likely to refund scam victims and the firms with the weakest fraud controls. Nationwide tops the table with the best record, reimbursing 85% of fraud losses, compared with just 24% by the worst performer.

Find out how your bank compares and why we believe this data must continue to be published.

Social media deepfake scams are back

Deepfake scam videos are created using artificial intelligence (AI) to manipulate footage. And we’ve found five new deepfake videos of celebrities peddling a phoney investment firm called Quantum AI – a scam we’ve seen before.

This scam works by luring people in on social media with promises of making you quick and easy cash, only to leave victims out of pocket when they can’t withdraw returns or get their investment back. See the latest examples we’ve found so you know what to look out for.

New fraud protections you should know about

The Fraud Minister, Lord Hanson, has laid out the government’s Fraud Strategy, which will invest £250m over the next three years to tackle fraud in the UK.

See some of the key measures the government will be taking to protect you from scams, including a new online crime squad that will unite the police, intelligence agencies, banks, mobile networks and major tech firms.

Stay safe,

Which? Scam Alert Team

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