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The average fraud victim loses £608 but one in seven has been defrauded by more than £1,000, according to Shieldpay’s fraud tracker.
https://www.yourmoney.com/saving-banking/12-3-million-brits-victims-online-fraud-stay-safe/
A police chief has said technological advances have made work easier for fraudsters, with new figures showing an increase in the crime across Scotland.
https://www.scotsman.com/news/fraud-offences-rise-in-scotland-1-4791786
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
https://www.insidermedia.com/insider/wales/fraud-losses-in-wales-hit-record-volumes-report#
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.
https://home.kpmg.com/uk/en/home/insights/2015/12/fraud-barometer.html
While high value fraud losses have fallen overall, embezzlement cases have increased in both value and volume, as staff stole money from employers.
https://www.sundaypost.com/fp/high-value-fraud-losses-halved-across-scotland-in-a-year/
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.
https://www.finextra.com/pressarticle/75038/the-climbing-cost-of-fraud-over-2-billion-stolen-from-uk-credit-and-debit-cards-in-the-last-year
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.
https://www.ukfinance.org.uk/wp-content/uploads/2018/07/Fraud-the-facts-Digital-version-July-2018.pdf
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.
https://www.infosecurity-magazine.com/news/the-west-set-lose-nearly-19bn/#.W0xQZzo45Gs.twitter
The report shows you are more likely to be a victim of fraud or cybercrime above any other offence.
http://news.cityoflondon.police.uk/r/1069/ons_reveals_that_people_are_more_likely_to_fall_v
That’s the main finding of EY’s latest Global Fraud Survey, which explores the impact of enforcement efforts and asks how compliance can be made more effective.
https://www.ey.com/gl/en/services/assurance/ey-reporting-the-poll-global-fraud-survey
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