TSB Bank has issued a fresh warning about a sharp rise in purchase fraud as the festive shopping season approaches. The bank said such scams now account for 63 per cent of all bank transfer fraud cases reported by customers, up from 52 per cent a year earlier. The findings are based on TSB’s analysis of fraud cases between January and September 2025, which showed an 11 per cent increase in incidents compared with the same period last year. Each victim lost an average of £452, highlighting the growing scale and financial impact of the crime. TRENDING Stories Videos Your Say Purchase fraud occur...