Research, Survey and Statistics

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

UK bank branch workers along with the police have stopped £19.3m ($25.3m) in fraud in the first six months of 2020 through the Banking Protocol scheme.

https://uk.movies.yahoo.com/fraud-uk-bank-staff-police-scams-money-230116093.html?soc_src=social-sh&soc_trk=tw

Impact of the coronavirus (COVID-19) pandemic on crime and people’s perceptions of crime during the April and May 2020 period of national lockdown.

https://www.ons.gov.uk/peoplepopulationandcommunity/crimeandjustice/bulletins/coronavirusandcrimeinenglandandwales/august2020

Criminals have cashed in on the coronavirus lockdown and exploited the nation’s uncertainty with a flood of scams, it has been revealed.

The latest research from Cifas, the UK’s leading fraud prevention service, has revealed that 2019 saw the highest ever number of cases of fraudulent conduct recorded to the National Fraud Database.

Aviva has released its latest fraud report investigating fraud and scams relating to insurance, investments, pensions, and savings amid the COVID-19 crisis.

The Fraud Barometer data recorded cases of embezzlement,fraudulent trading, tax, loan and mortgage, benefit fraud and account takeover topped the list

https://home.kpmg/uk/en/home/insights/2020/07/fraud-barometer-data-trends.html

COVID-19 measures led to the closure of many court operations and diversions of cases therefore impacting the volume of cases heard by the Courts.

https://home.kpmg/uk/en/home/insights/2020/07/the-calm-before-the-storm.html

The North West region saw a marked decrease in the volume and value of fraud cases coming to court during the first half of 2020, as measures introduced in response to the COVID-19 pandemic led to the closure of many court operations and diversion of cases.