UK FRAUD LOSSES ALREADY HIT GBP1.3 BILLION IN 2021
August 1st, 2021
UK fraud victims have already reported losses of GBP1.3 billion (USD1.8 billion) between January 1 and July 31 this year, the equivalent to the whole of 2020, according to newly published data (1) from Britain’s National Fraud Intelligence Bureau. In the first seven months of 2021 there were 289,437 reports of fraud, including cybercrime, compared to 39,160, with reported losses of GBP414.7 million, in the same period last year and 216,166 fraud reports for 2020. Cybercrime reports also shot up from 2,563 reports, with GBP883,400 (USD1.2 million) in losses ...
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