Think about it. Why would your bank, or any bank for that matter, ask a customer to move money to a “safe” account to avoid fraud? Can;t think of a good reason? That’s because their isn’t one.
Yet this is the kernel of a lie being told by fraudsters to hundreds if not thousands of people every single day.
Telegraph Money journalist Richard Evans asked James to help explain how fraudsters persuaded this victim to transfer her savings out of her bank. More importantly, the article includes James' tips and advice to avoid cyber crime.