FRAUD victims who have been tricked into sending money from their accounts will see compensation slashed under “outrageous” new plans.
Banks had been set to offer up to £415,000 to reimburse customers when they have unwittingly handed money to fraudsters under rules coming in next month.
PAFraud victims will get less under new plans[/caption]But now the cap is likely to be lowered to £85,000, the Payment Systems Regulator (PSR) today announced.
The move had...