A man who bought compromised card details on the dark web and recruited a delivery driver to intercept the fraudulent orders he placed has been jailed for three years.
A care home manager who abused her position, by getting a resident to withdraw cash which she used to fund her gambling habit, has been given a suspended sentence.
Financial fraud losses across payment cards, remote banking and cheques totalled £768.8 million in 2016, an increase of 2 per cent on the previous year, figures from Financial Fraud Action UK show.
UK banks and Financial Fraud Action UK launch dedicated day of action
A bank employee has been given a two-year suspended sentence for stealing from a customer’s account, following an investigation by the Dedicated Card and Payment Crime Unit.
Carol Vorderman, Donna Air and Rufus Hound have teamed up with Financial Fraud Action UK for Scam Academy, as part of Take Five - a national campaign to help consumers and businesses stop fraud.
A bank employee who defrauded two bank customers whom she regularly served has been given a suspended sentence.
Commenting on the publication of crime figures by the Office for National Statistics today (Thursday, 19 January 2017), Katy Worobec, Director of Financial Fraud Action UK, said: “Banks work extremely hard to protect their customers and stopped £6 in every £10 of attempted fraud in the first half of 2016.
Commenting on the publication of the Payment Systems Regulator’s response to the Which? super-complaint, Katy Worobec, Director of Financial Fraud Action UK, said: “Protecting customers from fraud has been and continues to be the banks’ priority. Banks have worked hard to enhance customer protection and will continue to do so."
Almost a third (31 per cent) of British online shoppers admit that they are more likely to take a financial risk (for example shop on an unfamiliar or unsecure website) if an online retailer offers them a bargain, research released by Financial Fraud Action UK (FFA UK) reveals today.