`We lost £120,000 in an email scam but the banks won´t help get it back´
(The Guardian Money News)

In another example of a growing menace, the Scotts thought they were sending money to their solicitor´s bank account. Little did they know it went to a fraudsterIt is the worst case of email intercept fraud that Money has ever featured. An Essex couple have lost £120,000 after sending the money to what they thought was their solicitor´s bank account, but which instead went to an account in Kent that was systematically emptied of £20,000 in cash every day for the next six days.Peter and Alice Scott (not their real names), who live near Chelmsford, say they are `simply staggered` at the lack of response by the banks and the police after they unwittingly became the latest victims of email hacking fraudsters who have been targeting solicitors across the UK. Continue reading...