Research, Survey and Statistics

Research carried out by Cifas, the UK’s leading fraud prevention service, shows that 80% of fraud prevention professionals believe businesses are unprepared for an expected surge in fraud as the Covid-19 crisis presents fraudsters with new opportunities.

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A series of papers focused on the implications of the COVID-19 pandemic for police agencies and other organisations with an interest in the topic.

Action Fraud received 166 reports of pension scams between 24 March 2020 and 25 September 2020, the government has revealed.

The latest Recorded Crime In Scotland bulletin from the Scottish Government shows there were 1,354 fraud crimes in August, up 488 compared to the same month last year.

Two in five (37%) of adults in the UK believe they have been targeted by a scam or fraud since lockdown started on 23 March, according to new research of 2,000 people by AJ Bell.

Recent months have seen an unusual phenomenon emerge – the elderly and digitally reluctant customer. While online retailers can prepare for, and target, shoppers who don’t know about them yet or who usually shop with competitors, the section of customers who come to them almost against their will are trickier to plan for if it’s a segment you’re unused to serving.

The number of crimes recorded by the police in Scotland dropped by four per cent in August, compared to the same month last year, however the number of incidents of fraud rocketed by 56 per cent.

Since the start of March to July 2020 - 36,555 victims of fraud, over the age of 55, reported losses of nearly a quarter of a Billion pounds to criminals (£220,186,002).   Compared to the same time last year the losses were £47m (£46,540,006) more for the over 55s.

This equates to a new insurance scam being uncovered every five minutes, totalling around 300 fraudulent claims a day

https://www.insurancetimes.co.uk/news/insurers-unveiled-107000-fraudulent-insurance-claims-in-2019/1434403.article#.X14LQdi0nTA.twitter