Social media firms should reimburse online purchase scam victims

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Social media firms should reimburse online purchase scam victims
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Purchase scams, where people buy good which never arrive or are not as advertised, now account for two thirds of all reported scams.

Barclays has said tech companies should help to reimburse the victims of social media purchase scams

Purchase scams, where people buy good which never arrive or are not as advertised, now account for two thirds of all reported scams, according to the research. The prevention of scams should also be made mandatory, particularly for tech companies, in a shift from current voluntary measures, it added.

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