Fraud and Measurement: 19% consumer and retail fraud increase in England and Wales reports ONS

30 Oct 2024 10:52 AM | Anonymous member (Administrator)

The Office of National Statistics (ONS) has reported there were approximately 3.6 million consumer and retail fraud incidents in 2024, a 19% rise for the same period in 2023.

Of these incidents, roughly 2.7 million involved a loss of money or property, where 1.9 million of those were fully reimbursed.

The incidents rose from 3.3 million in 2023. The ONS states this does not represent a statistically significant change, however, the rate of consumer and retail fraud was notable.

https://www.finextra.com/newsarticle/44952/19-consumer-and-retail-fraud-increase-in-england-and-wales-reports-ons


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