Tag: seasonal scams
Scammers circling Black Friday shoppers
Scammers have stolen £11.4 billion from UK citizens over the last 12 months. According to the Global Anti-Scam Alliance’s (GASA) latest report, The State of Scams in the UK, conducted in association with the UK’s leading fraud prevention service, Cifas, this represents an increase of £4 billion over the previous year. With the Black Friday sales bonanza looming on both sides of the Atlantic, the findings come as a timely warning to online shoppers. GASA and Cifas anticipate a further spike in scam attempts this week and re-urging consumers to remain vigilant. The warning comes as 1 in 7 (15 percent) consumers surveyed said they lost cash to criminals in 2024, an increase from 10 percent in 2023. The average loss per victim was £1,400, and only 18 percent of victims recovered all their money.