A bank fraud scam occurs when a criminal deceives someone into providing sensitive financial information or transferring money under false pretences.
These scams can take various forms, including phishing emails, fake calls, or fraudulent texts, often designed to mimic trusted institutions like banks. The goal is always the same: to gain unauthorised access to your funds.
Bank fraud scams have become increasingly sophisticated, and even the most vigilant individuals can fall victim.
Recognising the signs and understanding how these scams operate is crucial for protecting your finances. We explain more on this below.
If you’ve run into trouble with a bank fraud scam and want help and support, get in touch with us today. We may be able to help recover your money.

Bank fraud scams often exploit trust and urgency. They can happen in many different ways but here are some common methods:
1. Phishing Emails – These can come in the form of fraudulent emails that appear to be from your bank, asking for personal details or prompting you to click a malicious link.
2. Smishing (SMS Phishing) – You could receive text messages claiming suspicious activity on your account, urging immediate action. The Royal Mail phishing attack is one example, where people were sent text messages asking them to pay an outstanding delivery fee.
3. Vishing (Voice Phishing) – Fraudulent calls from individuals posing as bank representatives, instructing you to transfer funds or provide sensitive information.
4. Fake Websites – Scammers create convincing replicas of legitimate bank websites to steal login credentials. You can enter your information without realising it.
5. Social Engineering – Manipulating victims emotionally, such as pretending to be a loved one in need of urgent financial help.