RESEARCH by Barclays indidates 2020 was a record year for money scams. 
The bank says fraudulent activity increased by 66 per cent from July to December with scammers "cashing in on the nation’s uncertainty during the pandemic".
The highest value incidents came from investment, and impersonation, scams - each accounting for 29 per cent of incidents. 
Investment scams include convincing website which have been cloned, while impersonation scams involve a customer being convinced their account is at risk and moving their money to a so-called ‘safe account’. 
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