fraudster.Richard Davidson said his life was thrown into chaos when Tesco Bank wrongly put a fraud warning on his account.He said his Christmas and New Year were torpedoed after he was unable to buy anything and their move has left him battling to restore his credit history.
Then, the bank added insult to injury by offering him just £250 ‘slap in the face’ compensation. Richard’s problems started with an overpayment from his Bank of Scotland current account for a loan with Tesco Bank.
BoS tried to get the money back but that triggered a warning in Tesco Bank’s system. The first Richard knew of the problem was when his credit card provider contacted him to say his card had been stopped.
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