Brits lost more than £1bn to fraud in 2023 as purchase scams surge cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.
Trade association UK Finance said a record amount was lost to purchase scams in 2023, with people being tricked into paying for goods that never materialised.
A sinister tactic known as shoulder surfing is on the rise in the UK. Fraudsters are watching unwitting people log in to their mobile banking apps over their shoulder.