In 2024, fraud incidents in England and Wales soared by over 1 million cases compared to the previous year, totaling approximately 4.1 million. This marked the highest number of incidents recorded since data collection began in 2017, with 7% of adults affected by scams. Many victims, like Des Healey, suffer severe financial and emotional strain, highlighting the sophisticated nature of modern fraud involving technologies such as AI and cryptocurrency. Experts like Wayne Stevens from Victim Support stress that inadequate measures exist to protect potential victims and hold criminals accountable, necessitating urgent reform.
Fraud incidents in England and Wales surged by over 1 million cases last year, with one victim losing £75,000 to a scam involving AI and cryptocurrency.
Wayne Stevens from Victim Support emphasized that the surge in fraud cases shows a lack of effective prevention and justice for victims.
Des Healey described the after-effects of being scammed, warning that it ‘destroys everything’ and leads to significant financial and emotional distress.
With the highest number of fraud incidents recorded since 2017, 7% of adults have been targeted, highlighting the growing complexity and prevalence of scams.
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