Business

Major Investment Fraud Victim Fights 13-Month Reporting Rule

BBC Business

A major investment fraud case reveals flaws in the UK's 13-month reporting rule, prompting calls for urgent reform to protect victims from scams.

Victim of £20,000 investment fraud fights 13-month rule.

Lloyds Bank initially offered just £1,000 refund; full amount granted after media intervention.

National Trading Standards calls for urgent review of fraud reporting rules.

The 13-month rule may not adequately protect consumers from scams.

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