Finance

Fraudsters stole £3.2m a day in 2023, scam report finds


Fraudsters were less successful with their scam activity in 2023 but still managed to steal £3.2m a day, new figures from UK Finance have suggested.

The amount lost to scams and the number of fraud cases both fell year-on-year. However, criminals still extracted almost £1.17bn from their victims last year, a figure described as “shocking” by experts. Some newer forms of scam also saw marked increases in the number of successful, or partially successful, fraud attempts.