Tesco calls in police after Clubcard points go missing

Supermarket giant Tesco has had to call in police after discovering that hundrends of pounds-worth of vouchers have gone missing from its online Clubcard accounts.

Supermarket giant Tesco has had to call in police after discovering that hundrends of pounds-worth of vouchers have gone missing from its online Clubcard accounts.

The company believes that dozens of Clubcard accounts may have been targeted by online fraudsters after a number of customers complained that they have lost accumulated vouchers or had been unable to log in.

A spokeswoman for Tesco said: "We have launched a thorough investigation into a small number of incidents and referred the matter to the police.

"In the meantime, we'd like to ask any customers who believe they're affected to contact us directly so that we can make sure their accounts are up to date."

It certainly wasn't all bad news for Tesco though, as JP Morgan initiated its coverage of the stock with a target price of 425p and an overweight rating.

NR

Recommended

The top funds to invest in now
Funds

The top funds to invest in now

As market volatility continues, here are the top funds, stocks and investment trusts investors are putting their money into, according to one investme…
2 Dec 2022
7 sin stocks to buy yielding up to 8%!
Share tips

7 sin stocks to buy yielding up to 8%!

Sin stocks don’t have the best reputation, but when it comes to investment returns, they’re certainly worth a closer look.
2 Dec 2022
Share tips of the week – 2 December
Share tips

Share tips of the week – 2 December

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
2 Dec 2022
3 emerging-market stocks to watch
Share tips

3 emerging-market stocks to watch

The top emerging-market stocks to keep an eye on, according to Union Bancaire Privée’s Eli Koen.
1 Dec 2022

Most Popular

Is it cheaper to leave the heating on low all day?
Personal finance

Is it cheaper to leave the heating on low all day?

The weather is getting colder and energy bills are rising, but is it really cheaper to leave the heating on low all day or should you only turn it on …
1 Dec 2022
Radiator vs electric heater – which is cheaper?
Personal finance

Radiator vs electric heater – which is cheaper?

We compare the costs, pros and cons of radiators and electric heaters and see which one will help keep your energy bill as low as possible.
28 Nov 2022
State pension errors – why tens of thousands of mothers could be missing out on millions in state pension payments
State pensions

State pension errors – why tens of thousands of mothers could be missing out on millions in state pension payments

LCP launches Mothers Missing Millions campaign amid DWP state pension errors.
3 Dec 2022