UK investment scams surged 40% to £221.5 million in 2025. Wirex CEO explains why banks struggle to stop social media fraud.
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 ...
The scammers often pose as law enforcement officials or members of animal hospitals.
The numbers in this year’s UK Finance Annual Fraud Report tell a story that every financial institution in the country ...
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 ...
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 ...
Kerry Nelson and Jacqueline Stephens plead guilty at Portsmouth Crown Court to defrauding four clients of £2m; sentencing is set for 10 December 2026.
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UK scam victim gets nearly $21,000 back from her bank. Canadian hit by same scam gets nothing
"It's that moment where you get sweaty palms, you feel sick, you're in complete disbelief." ...
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 ...
On a sunny Sunday in Bedford, England, the peace of a sleepy suburban street is broken by a man rapping at one of the doors. Mr. Brown, as he calls himself, is hoping to speak to the man of the house.
Mobile operator O2 (Virgin Media) has this morning announced that, following a successful trial earlier this autumn, they've ...
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