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· Absolute Shockers · ECONOMY

17 Percent: Rise In Card Frauds In The UK

An area of concern or a solid opportunity - we spotted this stat today, that fraud on credit and debit cards has gone up by 17 percent this year - Some £216.1m worth of card frauds were committed in the first six months of this year, according to Financial Fraud Action UK (Source)

But most of the recent rise in fraud is in low-tech areas - phone calls and the like.

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