Fraud and Scams
HSBC takes fraud & other financial crimes very seriously. Even though we have market-leading fraud detection systems, we want you to be aware of the different ways criminals may try to scam you and your business.
Fraud and Scams
Back to HSBC Business Banking Fraud Centre
Authorised Push Payment Scams
Authorised push payment scams occur when you’re tricked into sending money to a fraudster posing as a genuine payee.
Read more about common scams affecting businesses such as: Business Email Compromise, Phone Scams, Investment Scams, Purchase Scams, Smishing and Phishing.
Unauthorised Payment Fraud
Fraud is where criminals make payments without your knowledge or authorisation.
Read more about common frauds affecting businesses such as: Remote Access Takeover, Card Fraud, and Cheque Fraud.
Money Mules
Money mules are individuals or businesses that move the proceeds of crime on behalf of criminals. Money mules may be tricked in to moving funds and not know they were generated from illegal acitivity.
Useful resources
Take 5 – Stop, Challenge and Protect
NCSC – National Cyber Security Centre advice and guidance on a range of cyber topics
Action Fraud – Action Fraud is the UK’s national reporting centre for fraud and cybercrime where you should report fraud if you have been scammed, defrauded or experienced cybercrime.
