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Bank Transfer Scams

EDM number 390 in 2017-19, proposed by Timothy Farron on 12/10/2017.
Categorised under the topics of Crime and Financial services.

That this House regrets the rising prevalence of bank transfer scams; recognises the devastating effect of banking fraud on hundreds of ordinary people across the country who are often tricked into losing their entire life savings; notes a recent survey carried out by consumer group Which? which found that of the 650 respondents, £5.5 million was lost through scams, and very few people got their money back; believes that banks have a duty to help their customers get their money back when people get scammed; and calls for heavy penalties to be imposed on banks that do not help scam victims to get their money back.

This motion has been signed by a total of 18 MPs.

Tim Farron12/10/2017Westmorland and LonsdaleLiberal DemocratProposed
Martyn Day16/10/2017Linlithgow and East FalkirkScottish National PartySeconded
Jim Cunningham16/10/2017Coventry SouthLabourSeconded
Jim Shannon16/10/2017StrangfordDUPSeconded
Christine Jardine16/10/2017Edinburgh WestLiberal DemocratSeconded
Marie Rimmer17/10/2017St Helens South and WhistonLabourSeconded
David Simpson18/10/2017Upper BannDUPSigned
Chris Stephens18/10/2017Glasgow South WestScottish National PartySigned
Lady Hermon18/10/2017North DownIndependentSigned
George Howarth19/10/2017KnowsleyLabourSigned
Hugh Gaffney20/10/2017Coatbridge, Chryston and BellshillLabourSigned
Chris Law24/10/2017Dundee WestScottish National PartySigned
Alan Brown25/10/2017Kilmarnock and LoudounScottish National PartySigned
David Crausby01/11/2017Bolton North EastLabourSigned
Ruth George16/11/2017High PeakLabourSigned
Angus MacNeil20/11/2017Na h-Eileanan an IarScottish National PartySigned
Drew Hendry08/01/2018Inverness, Nairn, Badenoch and StrathspeyScottish National PartySigned
Daniel Zeichner20/02/2018CambridgeLabourSigned

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