Fraud the Facts 2020

Fraud continues to pose a major threat to the UK and as criminals become ever more imaginative in their attempts to steal customers’ money, this shows no sign of changing.

Our Fraud – the Facts 2020 report highlights that last year investment by the finance industry in advanced security systems to protect customers prevented more than £1.8 billion of unauthorised fraud. But criminals still successfully stole over £1.2 billion through fraud and scams in 2019.

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