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Stock impact report

Man ‘drugged' at strip club gets Barclays to pay £6k for champagne and lap dances [Yahoo! Finance]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Company Research Source: Yahoo! Finance
Male punters have been targeted, lured into bars with the promise of a free drink, only to find themselves without memory of the rest of the evening and with several thousands of pounds missing from their accounts. But banks and credit card providers are finding themselves on the hook for the money that customers have spent while under the influence of drugs. The Financial Ombudsman Service (FOS) has ordered banks to refund victims in many cases after they were refused their money back. In one case, Barclays was ordered to repay a customer, identified only as “Mr M”, nearly £6,000 and pay him an extra £200 in compensation. Mr M said that, while in Poland in January 2020, he went to a strip club with a group of friends where he believes he was spiked with a red shot. He then spent nearly £6,500 in six transactions between 11:23pm and 1:10am, using Apple Pay. He also said that Barclays should have realised that the spending was unusual, as he typically spent only £1,200 a mon Show less Read more
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