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Home»Finance»Fraud most common Channel Islands financial complaint, report says
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Fraud most common Channel Islands financial complaint, report says

November 7, 20251 Min Read


Fraud remains the most common financial complaint in the Channel Islands, an independent ombudsman has reported.

The Channel Islands Financial Ombudsman (CIFO) is an independent service which works to resolve complaints between people and financial service providers such as banks and insurance companies.

It said it had opened 115 cases , externalabout services between July and September, 28 of which were about fraud.

Almost two-thirds (72) of the complaints made about financial service providers had been about current bank accounts, the CIFO added.



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