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Nearly 4,000 fewer crimes have been recorded in Edinburgh in the latest nine-month period compared to the previous year - but fraud cases have risen as criminals “shift to more serious offences.”
The scale of digitally enabled crime in the UK is dramatically under-reported, new statistics indicate
4 February 2021: More than half of UK firms have been affected by economic crime over the past two years as criminals rapidly adapt to the new business landscape, according to research presented at the Virtual Fraud Conference.
Wales has seen a significant drop in the value and number of fraud cases taken to the Courts, with only ten cases totalling £4.1 million being taken to court in 2020 compared to 17 cases totalling £17 million in 2019. The average value (between £250k-£1m) of each case was also lower in 2020 than compared to 2019.
Last year saw the highest number of scams on record, according to new research from Barclays.
Fraud has become a nation-wide epidemic, a new think tank report claims.
Clone fraud victims lost £78m to scammers pretending to be legitimate financial services businesses in 2020 with reports to authorities rocketing during the first national lockdown, Action Fraud data revealed.
Towards the end of 2020, data from the Association of British Insurers (ABI) revealed that every five minutes a fraudulent insurance claim is uncovered, with 107,000 such claims (worth around £1.2 billion) uncovered by insurers in 2019.
Fraudsters use uncertainty to ramp up their efforts, capitalising on change to trick businesses out of money
The National Fraud Intelligence Bureau says it has achieved improved transparency with the public, as well as saving 3,500 staff hours and £100,000
Midlands Fraud Forum Ltd. Reg.No: 06436330 Copyright © March 2014