Tech giants, banks and telcos to face massive fines and compensation for failing to protect scam victims under new laws

Despite consulting with bank staff before transferring his life savings, Ilya Fomin lost $280,000 to scammers. His bank hasn't accepted any responsibility — new scam laws may change that.

Tech giants, banks and telcos to face massive fines and compensation for failing to protect scam victims under new laws

Tech giants, banks and telcos to face massive fines and compensation for failing to protect scam victims under new laws

Tech giants, banks and telcos to face massive fines and compensation for failing to protect scam victims under new laws

Tech giants, banks and telcos to face massive fines and compensation for failing to protect scam victims under new laws
Tech giants, banks and telcos to face massive fines and compensation for failing to protect scam victims under new laws
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