Criminals stole £42.6 million from businesses through authorised push payment (APP) fraud in the first six months of 2023  Nearly 1 in 5 could not always spot the scams in Take Five to Stop Fraud’s quiz  1 in 10 didn’t recognise a procurement scam   New data* from Take Five to Stop Fraud’s ‘Can you spot … Continued

UK Finance’s Take Five to Stop Fraud campaign warns parents to be wary of scams when shopping online for gifts for loved ones this Black Friday. Over one in four parents surveyed (27 per cent) said they have been tricked into a purchase scam. However, only a quarter of the parents in this survey (26 … Continued

Almost half of 18-24 years olds have been targeted in an impersonation scam Just over half have then shared personal information UK Finance’s Take Five to Stop Fraud campaign has teamed up with magician Ben Hanlin to show Gen Z how easy it is to be tricked into sharing personal information Under 25s are more … Continued

Key findings: There were 45,367 cases of impersonation scams in 2022 costing at total of £177.6m, new UK Finance figures show. Only 51 per cent of people always check whether a request for money or personal information is legitimate. Younger adults are particularly at risk, with only 38 per cent of 18-34 year olds always … Continued

Take Five to Stop Fraud campaign launches Scam Bingo game to help raise awareness as new research highlights the risk of fraud to over-65s Key findings: The average loss for a fraud victim in the UK is £1,381. 20 per cent of over-65s have heard of all of the most prevalent types of authorised push … Continued

Ahead of Valentine’s Day, UK Finance’s Take Five to Stop Fraud campaign is warning people to stay alert to criminals posing as an online love interest. Money lost to romance fraud remains high, with a worrying £16.6 million stolen through these scams in the first half of 2022.   A survey conducted by UK Finance showed … Continued

To mark International Fraud Awareness Week (13-19 November 2022), UK Finance’s Take Five to Stop Fraud campaign and Amazon today launch the ‘Can you spot fraud?’ quiz, to help businesses, particularly small and medium sized enterprises, stay safe from fraud. The launch follows recent figures from UK Finance revealing that criminals stole £40.5 million from … Continued

UK Finance’s Take Five to Stop Fraud campaign is warning people to be alert to potential fraud, as more than half of the public (56 per cent) said they are likely to look for opportunities to make extra money in the coming months due to the rise in the cost of living. This could leave … Continued

New scam warnings have appeared in Tesco stores across the country as the supermarket has teamed up with UK Finance’s Take Five to Stop Fraud campaign. With criminals tricking people into buying gift cards to pay for fake fines and overdue tax payments, the campaign has placed alerts in the gift card sections of Tesco … Continued

People under 35 are more likely than older age groups to have been targeted in an impersonation scam and be swayed to provide personal or financial information, according to a new survey by UK Finance’s Take Five to Stop Fraud campaign. An impersonation scam is where a criminal contacts you pretending to be a person or … Continued