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The bank has warned people to be vigilant when shopping in the January sales as it revealed the amount of money its account holders have lost to online scams

Bank issues an alert over new scam tactics being used this year with the average lost by victims at the bank soaring

Banking giant Lloyds said its customers had lost £545 on average to online shopping scams, as people were warned to take extra care when buying items online this month. A common scam sees crooks create fake websites to trick shoppers into buying items that are never dispatched.