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NFU Mutual's Food Fraud Report 2018, which holds responses from over 2,000 British consumers, suggests there’s a big problem with perception and trust on the supermarket shelves.
The average fraud victim loses £608 but one in seven has been defrauded by more than £1,000, according to Shieldpay’s fraud tracker.
A police chief has said technological advances have made work easier for fraudsters, with new figures showing an increase in the crime across Scotland.
Following a reduction in alleged fraud cases seen in Wales in 2017, this year has seen a return to the overall trend of an increase in the number of fraud cases coming to court
The value of alleged fraud reaching UK Courts in the first half of 2018 reached £895 million. The figures follow 2017’s record breaking year which had registered £3.6 billion of fraud – the largest value in KPMG’s Fraud Barometer’s 31 year history.
While high value fraud losses have fallen overall, embezzlement cases have increased in both value and volume, as staff stole money from employers.
Nearly 1 in 10 UK adults (9%) have been defrauded via their debit or credit card in the last year, equating to 4.7 million people across the country.
Losses due to unauthorised financial fraud fell five per cent last year, totalling almost £732 million. However this, figures collated for the first time on authorised push payment (APP) scams show an additional £236 million was stolen last year.
E-commerce sites in the US and Western Europe are estimated to lose a whopping $18.6bn this year through fraud, according to a new Forrester report.
The report shows you are more likely to be a victim of fraud or cybercrime above any other offence.
Midlands Fraud Forum Ltd. Reg.No: 06436330 Copyright © March 2014