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Glasgow Solicitors Blog from The GLP

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Value of UK Fraud Exceeds £1 Billion

A rise in the number of “super cases” has led to the value of alleged fraud breaking the £1bn barrier in 2016, which is apparently the first time since 2011 that fraud has reached this level.

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Research Reveals Extent of Card Fraud and Identity Theft

There was a large increase in card fraud losses in the UK in 2015, according to new analysis by analytic software firm FICO.

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Prison Sentence for Financial Fraud

Total losses as a result of financial fraud involving payment cards, remote banking and cheques amounted to £755 million in the UK in 2015, according to Financial Fraud Action (FFA) UK. This is an increase of 26% compared to the previous year.

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