MyCoinBanking was known to Barclays but the bank has only offered to repay him half of what he lost
During the pandemic my 75-year-old father was targeted by scammers via email and WhatsApp who convinced him they were investment managers who could develop his life savings of 55,000 into a fantastic sum by investing in cryptocurrency.
He had recently retired and was worried he had not saved enough for his, and my mother’s, retirement, so was easy prey. He also has very little nous and gave the scammers, an outfit called MyCoinBanking, his account details including sort codes and account numbers.
The result was he lost the lot. I only found out when I completed his last tax return as he had been too embarrassed to tell us.
We filed a fraud claim with Barclays and its final decision was to reimburse him half of what was taken. Its rationale was he must share liability.
We are so upset. My dad is the victim. We are angry that Barclays would tell my dad – who struggles to use a mobile or...
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