Breaking News and Headlines
Break'n News

Fraudsters steal £3m a day as cases rise

Source: BBC

Fraud cases have risen by 16% with con artists stealing more than £3m a day, according to figures from the banking industry.Criminals have particularly targeted victims by tricking them out of their one-time passcodes, trade body UK Finance said.Despite the increase in reported cases, total losses have fallen slightly - totalling £572m in the first half of the year.Banks said that fraud posed a "major threat" to…

This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.

Read the original source at BBC