Fraud Measurement: Money lost to fraud in the UK more than doubles to £2.3bn

23 Feb 2024 11:52 AM | Anonymous member (Administrator)

The amount of money lost to fraudsters in the UK during 2023 more than doubled to a total of £2.3bn, a report finds.

Victims of high-value fraud – cases involving losses of over £50,000 – shot up by 60% last year, while half were for losses of over £200m, which is almost triple the amount compared to 2022.

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