Many cases involve criminals using other people’s identities to sell fake event tickets to friends and family ...
The UK Finance Annual Fraud Report reveals that criminals stole £1.28bn through payment fraud in 2025, a 4% increase on the previous year. Authorised push payment (APP) fraud losses rose even more ...
My UK bank account has been frozen.You cannot move funds in your bank account unless you pay taxes to HMRC (HM Revenue and Customs).A problem has occurred overseas, and I need you to send money ...
UK consumers received GBP 3.5 billion through friendly fraud in 12 months, with 6.5 million claimants and repeat behaviour a ...
Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry. This voice experience is generated by AI. Learn more. This voice ...
yes Subscribe to our daily newsletter, PYMNTS Today. “While this points to a reduction in the average loss per case, criminals are targeting ever more victims in order to maintain flows of illicit ...
UK consumers have been on the receiving end of a huge influx of online fraud, losing over £11bn ($13.8bn) in the past 12 months, according to Cifas. The fraud prevention non-profit surveyed 2000 Brits ...
Financial fraud has become one of the UK’s most damaging, persistent, and underestimated national threats. The appointment of the UK’s first Fraud Minister marks a decisive moment—one that could, if ...
According to the Q4 2024 Global Call Threat Report, UK residents received an average of four spam calls per month, with the share of unknown spam calls rising from 28% to 32%. This tally has ...
The UK and Cambodia will work together to tackle networks of illegal scam centres, locations where sophisticated fraud ...
A network of at least four organizations running illegal scam centers in Southeast Asia has been sanctioned by the UK and US government. The sanctions will freeze these businesses and properties some ...
The United Kingdom has pledged to provide financial support to dismantle transnational scam centres in Southeast Asia as part of a series of commitments to strengthen the global fight against ...