Research, Survey and Statistics

Financial institutions and consumers need to be vigilant as the latest report from NICE Actimize reveals that attempted fraud transactions increased by a whopping 92 per cent in 2022 compared to the previous year.

https://thefintechtimes.com/nice-actimize-report-reveals-soaring-fraud-2022/

Over the past 12 months, the total number of fraud reports made to Action Fraud, Cifas, and UK Finance rose by 6.49%, resulting in an increase in loss of £20 million.

https://internetretailing.net/customer/online-shopping-and-auctions-attract-record-number-of-fraud-reports/

In past four years, those aged 65 and over have lost £1.7 billion to scammers

Elderly fraud has jumped from 36,105 cases in 2019 to 57,430 cases in 2022

Losses reached a new high last year with pensioners losing nearly £460 million

The total value of alleged fraud cases heard in Crown Courts across the Midlands in 2022 rose to £143.6m across 31 cases, compared with £59m across 46 cases for the same period in 2021, according to latest figures.

https://www.thebusinessdesk.com/eastmidlands/news/2068681-fraudsters-targeting-higher-value-midlands-assets#.Y_N9dO_L4A0.twitter

The number of fraud cases over £100,000 being heard in Scottish courts rose significantly last year, according to KPMG UK’s latest bi-annual Fraud Barometer.

https://www.scottishlegal.com/articles/kpmg-scottish-fraud-skyrockets-in-2022

Brits were scammed out of £333m every month in 2022, according to Money.co.uk.

https://www.yourmoney.com/credit-cards-loans/brits-lost-4bn-to-fraudsters-in-2022/

Just one in 1,000 frauds are solved as charges hit a record low last year, an analysis of official figures has revealed.

https://www.msn.com/en-gb/news/uknews/fraud-surges-as-prosecutions-slump-to-record-low/ar-AA170aKA

The 2022 Fraud Report from money.co.uk is back; The report analyses police figures to reveal where in the UK has seen the biggest rise in fraud and cyber crime, and which are the most common types.

https://ifamagazine.com/article/brits-lost-4-billion-to-fraudsters-in-2022/

With over 1.3 million people discussing “fraud schemes” online, the experts at private and commercial bank Arbuthnot Latham have put together a list of scams to look out for and the most common types of scams people come across.

https://ifamagazine.com/article/over-3-9-billion-has-been-lost-to-fraud-and-cybercrimes-in-the-last-13-months-across-the-uk/

SCAMS in Northern Ireland cost victims £19m this year including one person who lost £350,000 on a crypto-currency investment fraud, police have said.

https://www.irishnews.com/news/northernirelandnews/2022/12/30/news/scams_cost_northern_ireland_victims_19m_in_2022-2964046/?param=ds441rif44T