Flawed Statistics Hamper Fight on Fraud

Flawed statistics hamper fight on fraud, says Fraud Advisory Panel Independent fraud watchdog, the Fraud Advisory Panel, calls for a review of official statistics to improve fraud-fighting efforts. Coinciding with the publication of its annual review, the Fraud Advisory Panel wants the government to review the method used to collect official fraud statistics, and warns … Read more…

Bank Card Thefts ‘Soaring at ATMs’

Source: BBC News, Financial Fraud Action UK, 6th June 2013 Attempts to steal people’s bank cards and Pin codes while they are using cash machines have tripled over the past year, according to figures. Financial Fraud Action UK says there were 7,525 incidents in the first four months of the year, compared with 2,553 in … Read more…