Legal News

Fraudsters skim £503M off UK accounts in first half of 2018

Published on: 26 September 2018
Published by a Law360 reporter

Article summary

Law360, London: British financial firms saved customers from losing £706m ($929m) to fraudsters in the first half of 2018, but criminals were still able to siphon off £503m using deceptions ranging from investment and romance scams to impersonating banks or authorities, according to an industry study.

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