Fraud rises 10 per cent in a year

Almost 600,000 cases of fraud were referred to the National Fraud Intelligence Bureau over the past year, a 9.4 per cent increase, according to figures published today.

However, the true scale of fraud is likely to be much higher, as the NFIB only receives information on fraud where there is actionable intelligence on the crime. Separate figures from the British Crime Survey, also released today suggest millions of people are victims of fraud in the UK each year.

Over the past year the NFIB, part of the City of London Police, disrupted 4,000 websites, bank accounts and phone lines, and helped prevent fraud to the tune of £369 million.

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