Sun, 14 Jun 2026
On average, nearly eight cases of fraud in which money is stolen are reported in the UK every minute.
* Over 4 million cases of fraud reported in the UK last year, with nearly 8 cases per minute on average
* £1.3bn stolen by scammers in 2025, a surge from over 1 million more cases than two years prior
* Fraudsters use AI to manipulate people and even marry victims of romance scams to steal more money
* Victims often suffer emotional harm, guilt, and shame in addition to financial loss
* Scams are not limited to online dating sites, with scammers also using fake profiles on social media to target victims
* Experts believe the majority of scams go unreported, so actual numbers are likely much higher
* Banks and experts call for tech companies to step up monitoring and security on their platforms
* New figures reveal a 19% increase in authorised push payment (APP) fraud losses last year, with £12bn not reimbursed
* Scammers adapt tactics, predicting a surge in scams related to the men's football World Cup
* Experts point out that victims are often targeted at vulnerable moments, making them more susceptible to being scammed
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