Average loss to impersonation scams is up by 10% in a year, says Lloyds

Millions of Brits are being warned to watch out for impersonation scams as the average amount victims lose is up 10% year-on-year, to £3,516. Impersonation scams are when criminals pretend to be a trusted person or organisation, such as a bank or the police, to trick you into sending them money or sharing private infor

The bank said reports of some types of impersonation scam have increased.