Banks urged to repay victims of cyber fraud as UK’s biggest tech con sees customers lose £113million

BANKS are being urged to repay all victims of cyber fraud after the UK’s biggest tech con saw customers lose £113million.

Tricksters led by Feezan Choudhary, and helped by bank staff like Amy Daramola, scammed a fortune from businesses across the UK.

Smooth-talking Choudhary, 25, was jailed yesterday after posing as a bank security worker to persuade firms to give out account details.

With cyber crime believed to be worth over £1billion a year, Labour MP Andrew Gwynne said: “The banks have a moral obligation to pay these businesses their money back. It’s small fry for them, but for these firms it can be the difference between life or death.”

Many victims of Choudhary banked with RBS. A spokesman for the bank said last night: “We deal with fraud cases on a case by case basis, and will try to get customers’ money back wherever possible.

"But victims of fraud are not automatically refunded.”