Welcome to Britain, the bank scam capital of the world
#1

October 14, 2021
1:56 PM +08
Last Updated 3 hours ago

By Lawrence White and Iain Withers


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thousands of people who have seen savings swept away this year by an unprecedented wave of online bank fraud hitting Britain, where you're more likely to be a victim of online fraud than any other crime.

The country is the global epicentre for such attacks, according to five of the biggest British banks and more than a dozen security experts who said scammers were buying up batches of consumers' personal details on the dark net to target the record numbers shopping and banking online since the pandemic.

The country's super-fast payments infrastructure, relatively light policing of fraud-related crime, plus its use of the world's most widely used language English, also made it an ideal global test bed for scams

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A British record of 754 million pounds ($1 billion)was stolen in the first six months of this year, up 30% from the same period in 2020

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and up more than 60% from 2017, when it began compiling the figures.

That represents a per capita fraud rate roughly triple that seen in the United States in 2020


https://www.reuters.com/world/uk/welcome...021-10-14/
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