Business Updates - Action Planner
UK Failing to Keep up with Online Consumer Fraud
Published Date: 15th December 2016
Fraud Statistics: The UK is not keeping up with online fraud, and systems to protect shoppers from scams are not yet providing value for money, according to the National Audit Office. Consumers lost at least £14.8 billion in 2015 to fraud, of which £4.2 billion is thought to be from crime such as mass marketing fraud and counterfeit goods.
 
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