“Today’s figures are yet more evidence of the widespread impact of scams” – Which? response to KPMG fraud barometer

Alex Neill, Which? Managing Director of Home and Legal Services, said:
“Today’s figures are yet more evidence of the widespread impact of scams and fraud.

“We’ve heard from people who have lost life changing sums of money to ever-more sophisticated scammers, and its clear that the Government, regulators and businesses need to do much more to protect consumers.”

Notes

• More than 260,000 people have supported the Which? Safeguard us from scams campaign
• In the first two weeks after launching its online scams reporting tool in November, more than 650 people told Which? about losing over £5.5 million to bank transfer scams. https://prod-wordpress-press.internal.which.co.uk/whichpressreleases/which-reveals-potential-scale-of-bank-transfer-scams/