<ul><li>Fraud reports in the United Kingdom rose by 12% in 2024 compared to the previous year.</li><li>Last year, there were 3.3 million reported cases of fraud in the U.K., marking the highest number in UK Finance's comparable data.</li><li>The dollar amount of reported fraud remained relatively stable at 1.17 billion pounds, indicating a reduction in the average loss per case.</li><li>Unauthorized fraud and authorized push payment (APP) fraud are among the prevalent scams, prompting increased industry efforts to combat these criminal activities.</li></ul>

UK Fraud Cases Jump 12% as Criminals Find New Scams

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