A new bank regulation in the United Kingdom promises refunds to customers who are victims of fraud through bank transfers. We'll likely see the same regulations in other countries soon, and it will likely lead to banks getting up in our business about who we transfer money to, so they won't be on the hook for fraud. Is this a good thing? Let's discuss.

Resources

• Groundbreaking new protections for victims of APP scams start today
• The Perfect Scam podcast: You May Not Be a Winner: Sweepstakes Scam Empties Woman’s Savings
• Kitboga video: Scammers Wanted My Life Savings - We Shut Them Down Instead

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