Research, Survey and Statistics

The total amount lost to cryptocurrency fraud in the UK has surged by 32 per cent in the past year.

https://www.ftadviser.com/investments/2022/11/28/crypto-fraud-soars-32-in-2022/

The Home Office has no complete or up-to-date estimate of the cost of fraud to the economy and a limited understanding of who commits the crimes, a report has found.

https://www.largsandmillportnews.com/news/national/23125109.home-office-has-no-complete-up-to-date-estimate-cost-fraud---watchdog/

Over £600 million was stolen by criminals through authorised and unauthorised fraud in the first half of 2022. This is down 13% compared to the same period in 2021.

https://www.finextra.com/blogposting/23203/cross-sector-action-critical-in-tackling-app-fraud-epidemic

The UK is ill-equipped to deal with continuing rise in fraud, MPs warn.

Almost £900m has been lost to investment fraud in the past year, as police warn about the rise in the use of social media for bogus schemes.

https://www.cityam.com/investment-fraud-soars-by-49-per-cent-as-criminals-exploit-social-media/

IT'S emerged that UK banks have failed to return more than £100million stolen from customers by scammers.

https://www.thesun.co.uk/money/20104442/bank-warning-money-stolen/?utm_source=twitter&utm_medium=social&utm_campaign=sharebarweb

• Research found there were 4.5million fraud offences in the year to March 2022
• The proportion of fraud offences classed as cyber-related rose by 6 per cent 
• About three-quarters of those who lost money had less than £250 stolen

https://www.dailymail.co.uk/news/article-11252935/Fraud-cases-soar-quarter-just-two-years-rise-money-scams-data-shows.html

According to a new analysis by MoneyTransfers.com, fraud losses at British banks increased 8% overall in the year to 1.3 billion pounds.

https://londonlovesbusiness.com/uk-banks-report-1-3bn-fraud-related-losses/

Claims.co.uk, the London-based injury claims firm, examined official ONS survey data from 33,735 people over the age of 16, to uncover the most common characteristics of computer misuse victims in the UK.

https://thefintechtimes.com/elderly-are-not-the-biggest-victims-to-fraud-as-25-34-year-olds-targeted-more-finds-claims-co-uk/

“The insurance industry is working harder than ever to stop fraudsters in their tracks.”

Those were the words of Insurance Fraud Bureau (IFB) director Ben Fletcher when the Association of British Insurers (ABI) released its latest figures on fraudulent insurance claims.