Scots pensioner and business owner lose £410,000 in telephone banking scam

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Scots pensioner and business owner lose £410,000 in telephone banking scam
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A Scots pensioner and a business owner lost a combined £410,000 after being conned in an elaborate telephone banking scam

A Scots pensioner and a business owner lost a combined £410,000 after being conned in an elaborate telephone banking scam. Both victims were contacted by people claiming to work for their bank.

He continued to provide vast sums on a near-daily basis but became suspicious when a woman contacted him and claimed she worked for the police. He informed a family member and the fraud was reported to the authorities. Top news stories today Police are now urging members of the public to be vigilant against the 'despicable' crime.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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