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2nd February 2021
Posted by Johnny Jenkins
New research from Barclays reveals 2020 as the highest year on record for scams, as the value of fraudulent activity increased more than 66 per cent during the months of July to December.
The stark increase was driven by high-value and complex scams, with fraudsters cashing in on the nation’s uncertainty during the pandemic.
The highest value claims came from investment scams (29 per cent) and impersonation scams (29 per cent).
Johnny spoke to Susie Dent – Countdown star and lexicographer and Jim Winters – Head of Fraud at Barclays: