Impersonation scams up 84 per cent amid coronavirus crisis

Industry News | 16/09/20

Impersonation scams were up by 84 per cent in the first half of the year as criminals tried to take advantage of the coronavirus pandemic to take people’s money, according to a new report.

Banking body UK Finance said there were 15,000 impersonation scams reported to its members between January and June. That was an 84 per cent increase compared to a year earlier.
Read more: Furlough scheme: UK looking at 27,000 potential fraud cases

However, it appeared that Brits had become more wily. The amount lost to scammers only grew three per cent year on year. Nonetheless, that meant fraudsters gained £58m between January and June.

Source: CityAM