Swiss Banking Ombudsman Reports Increase in Fraud Cases in 2022

The Swiss Banking Ombudsman, Andreas Barfuss, once again registered more cases of fraud in 2022.

He said that at his annual media conference. Overall, the banking ombudsman closed 2006 cases in the past year. That is four percent more than in the previous year. A large part of the cases relate to the areas of accounts or credit and debit cards.

According to figures from the ombudsman’s office, interventions were made at the relevant financial institution in 257 cases and concrete proposals for solutions were made in 170 cases. The Swiss Banking Ombudsman serves as an information and mediation agency without jurisdiction.