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Massive surge in bank transfer fraud losses during first half of this year
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dailyrecord.co.uktransferring money directly to criminals have surged by 71 per cent this year, with less than half of the cash lost in such circumstances being reimbursed to victims.
A new report by UK Finance discovered that some £355.3 million was lost due to fraud where people had authorised the transaction in the first half of 2021 - marking a 71 per cent jump compared with the same period in 2020.
Read more on dailyrecord.co.uk
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