One in nine British adults admit to being a victim of fraud in last year

The insolvency profession has urged the government to take advantage of practitioners' anti-fraud powers to help consumers after new research highlighted the financial impact of online scams.

A recent survey of 2,011 adults, from insolvency trade body R3 and ComRes, found that one in nine have been targeted by fraudsters in the last year, with victims losing an average of £1,016.

Younger people were more likely to admit to being a victim of fraud than older people, in what has been suggested to be a sign of the prevalence of online scams.

Those aged between 25 and 34-years-old were the most likely to report scams,...

Jean-Yves Gilg
Solicitors Journal

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