Santander UK Plc
Financial Ombudsman decision DRN-5207043 Not upheld
Not upheldoutcome, as published by the Ombudsman
£10,000redress stated in the decision
Fri Aug 01deadline to accept (not the decision date)
The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.
What this decision was about
APP scam refund refused, Support for vulnerable customers
In the Ombudsman’s words
Mr S complains that Santander UK Plc (‘Santander’) won’t refund money he says was lost as the result of an investment scam.APP scam refund refused
Mr S says he was vulnerable at the time he made the payments as he was approaching retirement and was an inexperienced investor.Support for vulnerable customers
Rules cited
CRM Code (APP scam reimbursement), Payment Services Regulations 2017
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5207043.pdf on financial-ombudsman.org.uk.
The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.