In Q2 of 2023, the UK saw a rise in fraudulent activity with a loss of £593m, pushing the total stolen cash in the past year to almost £3.5bn.
The money.co.uk Fraud and Cyber Crime Report reveals a rise of 1,407 fraudulent cases between April and June, compared to the first quarter of the year.
https://fintech.global/2023/08/07/rising-tide-of-fraud-uk-losses-surge-to-593m-in-q2-2023/