Fraudsters pretending to be private bankers are targeting wealthy customers of Britain’s oldest private bank by knocking on their door and asking for financial information. William Wesnofske reports.
C Hoare & Co, Britain’s oldest private bank, has reached out to account holders to be cautious of scammers. These scammers are known to have sent emails to clients from a bogus website, followed by visiting clients’ homes in a ‘costume,’ similar to what a typical banker at C Hoare & Co would wear. These organised fraudsters have fooled clients into giving up thousands of pounds a week.
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Alexander Hoare, managing partner and a descendant of the founder of C Hoare & Co, said: ‘Everyone is under attack all the time, we need to keep people’s guards up. But we are urging customers to use our internet banking system, which is safer than most, or the mobile app once it is built.’
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