The UK is the fraud capital of the world with hundreds of thousands of victims and billions of pounds stolen every year.
Every minute of 2022, thieves stole £2300 from bank and credit card accounts. They took a total of 1.2 billion from nearly 3 million people. In this podcast, we discuss these figures by the banking trade body, UK Finance, and we speak to victims of fraud about the impact it’s had on them and the steps you can take to protect yourself.
On the panel are experts Kathryn Westmore, Senior Research Fellow at the Centre of Financial Crime and Security at RUSI, and Andy Donald, Director of Communications at UK Finance.
We'll also hear from an ex-fraudster about how criminals manipulate their victims intro transferring thousands of pounds.
Presenter: Dan Whitworth Producer: Amber Mehmood Reporter: Sarah Rogers Editor: Jess Quayle
(First broadcast, 3pm Wednesday 17th May, 2023)