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Independent UK reporting on scams, fraud and financial harm

Redress record

Ombudsman decisions and fraud rulings

The Financial Ombudsman Service is free and its decisions bind the firm. These are the patterns its scam and fraud decisions turn on, and the rulings and rule changes behind them. Descriptions of published outcomes only — we do not assess anyone's claim.

Decision patterns · 8 summarised · 3 landmark

  1. UpheldTransfer (APP) fraudLandmark

    Bank told customer to move money to a "safe account" — complaint upheld

    The question
    Should the bank have stopped a series of transfers made after a spoofed call from its own fraud number?
    What the ombudsman found
    The ombudsman found the payments were markedly out of character for the account and that the bank's on-screen warning was generic rather than tailored to the safe-account scam being described. The bank was directed to reimburse the payments with interest.
    Why it matters
    Generic warnings rarely count as effective warnings. Where a bank wants to rely on one, it must show it was specific to the scam type in front of the customer.
    Redress recorded
    Reimbursement plus 8% simple interest from the date of the payments.
    Financial Ombudsman Service
  2. Partly upheldInvestment

    Clone firm bond: complaint partly upheld against the sending bank

    The question
    Where a customer paid a clone of an authorised bond provider, how far does the sending bank's duty to intervene go?
    What the ombudsman found
    The first payment carried enough hallmarks to require a human conversation; later payments did not add new red flags. The ombudsman split liability, finding the bank should have intervened at the first large transfer.
    Why it matters
    Liability can be shared. The point at which a bank should have paused matters more than the total amount lost.
    Redress recorded
    Partial reimbursement from the first payment onwards.
    Financial Ombudsman Service
  3. Not upheldCrypto

    Crypto platform transfer: complaint not upheld

    The question
    Was the bank responsible for a loss where funds moved first to the customer's own crypto wallet?
    What the ombudsman found
    The ombudsman accepted the bank had questioned the payment, recorded the answers, and been given inaccurate information by the customer at the time. On the evidence, further intervention would not have changed the outcome.
    Why it matters
    What a customer told the bank during an intervention is central. Cases turn on the call recordings and the branch notes.
    Financial Ombudsman Service
  4. UpheldTransfer (APP) fraudLandmark

    Conveyancing deposit sent to a hijacked email thread — upheld

    The question
    Should a first-time high-value payment to a new payee have triggered more than an automated confirmation-of-payee mismatch notice?
    What the ombudsman found
    The mismatch was displayed but not explained. The ombudsman found the bank's handling fell short of good industry practice for a payment of that size to a brand-new payee.
    Why it matters
    Confirmation of Payee mismatches are only useful if the customer is told what a mismatch means.
    Redress recorded
    Full reimbursement, plus £300 for distress and inconvenience.
    Financial Ombudsman Service
  5. UpheldImpersonation

    Vulnerable customer, repeated cash withdrawals — upheld

    The question
    Where a customer with a recorded vulnerability made unusual counter withdrawals, what should staff have done?
    What the ombudsman found
    The ombudsman found the pattern should have prompted a supported conversation under the bank's own vulnerability policy, and that the exception the bank sought to rely on was applied too widely.
    Why it matters
    Vulnerability narrows the exceptions a firm can rely on, and it must be considered at the time, not after the complaint.
    Redress recorded
    Full reimbursement and compensation for distress.
    Financial Ombudsman Service
  6. UpheldPurchase scam

    Marketplace purchase paid by transfer — upheld

    The question
    Is a payment for goods that never existed a scam claim or a private dispute?
    What the ombudsman found
    The ombudsman found no evidence the seller ever held the goods, and that the account receiving the money had been open for days. That made it a scam, not a civil dispute, and the claim fell inside the reimbursement rules.
    Why it matters
    The dispute-versus-scam line decides whether the reimbursement rules apply at all.
    Redress recorded
    Full reimbursement.
    Financial Ombudsman Service
  7. Partly upheldRomance fraudLandmark

    Romance fraud across two providers — partly upheld

    The question
    Where payments ran through an e-money account before leaving the UK, which firm should have acted?
    What the ombudsman found
    Both firms had visibility of the pattern. The ombudsman found the receiving e-money firm had failed to act on clear mule indicators and apportioned redress between the two.
    Why it matters
    Receiving firms are increasingly on the hook. The reimbursement rules split the cost between sending and receiving banks.
    Redress recorded
    Redress apportioned between the sending bank and the e-money firm.
    Financial Ombudsman Service
  8. UpheldComplaint handling

    Five-day decision deadline missed with no explanation — upheld

    The question
    What happens when a bank neither reimburses nor explains inside the required window?
    What the ombudsman found
    The ombudsman found the delay itself was a failing, ordered the claim reassessed on its merits, and awarded compensation for the handling.
    Why it matters
    Missing the deadline does not decide the claim, but it is a separate failing the ombudsman will address.
    Redress recorded
    Compensation for distress and inconvenience, claim remitted for reassessment.
    Financial Ombudsman Service

Timeline · rulings and rule changes

  1. · Rule change

    Expanded fraud data sharing between banks

    Firms broadened direct sharing of indicators on accounts receiving scam payments, aimed at closing mule accounts faster.

    The practical test is how quickly a receiving account is frozen after the first report.

    UK Finance
  2. · Rule change

    Ombudsman award limits uprated for the new year

    The maximum award the Financial Ombudsman Service can require a firm to pay was uprated, with the limit applied according to when the act complained about took place.

    The ceiling that applies to your complaint depends on the date of the event, not the date you complain.

    Financial Ombudsman Service
  3. · Legislation

    Failure to prevent fraud offence in force

    Large organisations became liable where an associated person commits fraud for their benefit and reasonable prevention procedures were not in place.

    It shifts attention onto the firms whose systems fraud passes through, not only the individuals running it.

    GOV.UK
  4. · Rule change

    Mandatory APP fraud reimbursement begins

    Reimbursement for authorised push payment fraud on Faster Payments became mandatory, with cost shared 50:50 between sending and receiving firms and a decision expected within five business days.

    Reimbursement stopped depending on which bank you happened to use. Sending banks now carry a hard deadline.

    Payment Systems Regulator
  5. · Legislation

    Online Safety Act includes fraudulent advertising duties

    Large platforms and search services were given duties to prevent and remove fraudulent paid advertising.

    Most investment scams reach victims through paid adverts, so enforcement here matters more than any consumer checklist.

    GOV.UK
  6. · Rule change

    Consumer Duty takes effect

    Firms became subject to a duty to deliver good outcomes for retail customers, including in communications, support and complaint handling.

    It gives complaints about poor warnings, obstructive support and confusing letters a clearer regulatory hook.

    FCA
  7. · Court ruling

    Supreme Court rules in Philipp v Barclays

    The court held that a bank's duty to execute a customer's clear payment instruction is not displaced by a general duty to protect them from APP fraud, narrowing the so-called Quincecare route for authorised payments.

    The case pushed redress for transfer scams away from the courts and towards regulation and the ombudsman.

    UK Supreme Court
  8. · Rule change

    Confirmation of Payee rolled out

    Banks began checking the payee name against the account before a transfer, showing a match, close-match or mismatch warning.

    A mismatch is a genuine signal — but it only helps if the warning explains what it means.

    Pay.UK
  9. · Rule change

    Contingent Reimbursement Model Code launched

    A voluntary industry code set expectations for reimbursing victims of authorised push payment fraud, signed by some but not all banks.

    Reimbursement depended on which bank you used, which is precisely why the voluntary code was eventually replaced.

    Lending Standards Board