Revolut fraud surge in Jersey: victims lose £180k in four weeks

Jersey Police report 75% of all scam crimes over four weeks involved Revolut accounts. Victims collectively lost around £180,000 to impersonation fraudsters.

Revolut fraud surge in Jersey: victims lose £180k in four weeks

Jersey Police warn Revolut users after £180,000 lost to scammers

Google News UK — Crime (en) reports that the States of Jersey Police have issued an urgent warning to Revolut users following a sharp rise in fraud cases linked to the financial app.

According to police, 75% of all scam crimes reported on the island over a four-week period involved Revolut accounts, with victims collectively losing approximately £180,000.

The majority of incidents followed a consistent pattern. Victims received a telephone call from an individual claiming to represent a bank fraud department, a security team, or Revolut's own support service. The caller would then allege that a suspicious transaction had been detected on the victim's account, or that the account was at risk of being compromised.

"Victims are then persuaded to provide security information, transfer funds, approve transactions, or grant access to their accounts," police said.

Officers also noted several cases in which customer accounts were accessed without authorisation, resulting in direct financial losses beyond the telephone-based scams.

A Revolut spokesperson said the company took fraud and impersonation scams "extremely seriously". "We urge customers to remain vigilant when receiving unexpected calls and remind them that Revolut will never ask them to share passwords, passcodes or security information or transfer money to a 'safe account'," the spokesperson said.

The company added that anyone who believed they had been targeted should end the call immediately and contact Revolut through the secure in-app chat. The spokesperson said Revolut continued to invest heavily in its fraud-prevention systems.

The States of Jersey Police are urging all islanders to remain vigilant and to treat any unsolicited contact claiming to be from a financial institution with caution.

Source: Google News UK — Crime (en)