- £1.17 billion was stolen last year – amounting to £3.2 million every day
- There was a 50% increase in the number of people hit by “authorised” payment scams between 2020 and 2023
- £36.5 million was stolen in romance scams – up 17% on a year earlier
- 64p for every £1 stolen was reimbursed to victims, up from 59p in the £1 a year earlier
Laura Suter, director of personal finance at AJ Bell, comments on the UK Finance Annual Fraud report 2024:
https://ifamagazine.com/brits-lose-3-2-million-a-day-to-fraudsters-as-authorised-scams-rise/