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Report shows one in five people lost money to scams last year

KANIKA SINGH RATHORE, 06/11/202506/11/2025

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One in five adults have said they have been the target of scams and have been targeted Wealth This has been revealed from a report taken from him last year.

According to State of Scams, 20 percent of people lost their money to these scams by March UK Report.

This research was released by Global Anti-.scam Alliance (GASA), in partnership with fraud prevention service Cifas and financial software provider Tietoevry Banking.

Emails, phone calls, texts, social media messages, digital advertising and online marketplaces were common starting points for scams.

A new agreement between government and industry has been signed this week to help protect UK mobile networks from fraud.

it will make it harder criminals Tricking people through scam calls.

The mobile network has committed to upgrading its network within the next year to eliminate the ability for overseas call centers to spoof UK numbers, making it obvious that calls are coming from overseas.

Advanced call tracing technology will also be introduced on mobile networks to provide police with intelligence to track scammers operating across the country and dismantle their operations.

Lord Hanson, the fraud minister, said on Wednesday: “We are stepping up our security to protect victims and ensure the UK is the toughest place in the world for scammers.”

One in four (24 percent) adults say they are scammed several times per week.

And more than one in six (16 percent) parents with children ages seven to 17 said at least one of their children has been bullied.

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Two-thirds (67 percent) of adults surveyed said they had suffered a “scam experience” in the past 12 months, regardless of whether the scam was successful for the perpetrator or not.

Advanced call tracing technology to be introduced on mobile networks to give police intelligence to track scammers operating across the country
Advanced call tracing technology to be introduced on mobile networks to give police intelligence to track scammers operating across the country ,Lai Dike/PA,

Shopping or purchasing scams were the most common type of fraud, affecting 45 percent of this group.

Nearly four-fifths (77 percent) of victims said they reported the scam to their payment service, and nearly half (47 percent) were able to recover at least part of their money.

Looking at why people thought they were scammed, 22 percent said the scam seemed too realistic, 9 percent said they acted too quickly to realize it was a scam, 9 percent said it appeared to be an attractive offer, 7 percent said it was their first time using a platform or service and 6 percent said they were not familiar enough with the real brand that the scammer was impersonating. Was staying.

Nine in 10 (91 percent) adults said they take steps to verify whether an offer is genuine. The most common steps include considering that if a proposal “sounds too good to be true, it probably is” and checking for spelling and grammatical mistakes.

The research also found that Millennials aged 29 to 44 had an average of £1,456.90 stolen – compared to an average of £444.10 for the Gen-X age group aged 45 to 60.

The report also said: “The impact of scams extends beyond finance. In the UK, 34 per cent of victims reported significant or moderate impact on their mental health. Many feel shame or stigma when, in fact, they were manipulated by professionals.”

With the Black Friday and Christmas shopping seasons approaching, GASA, Cifas and Tietoevry Banking warned that scammers often take advantage of seasonal shopping spikes.

Joriz Abraham, managing director of GASA, said: “Scams are no longer isolated incidents. They have become a systemic, data-driven threat to the UK’s digital economy.”

Mike Healy, chief executive of Cifas, said: “Fraud is a national emergency, costing the UK billions of dollars each year and affecting millions of lives. What is particularly worrying is the increasing number of young victims, including children, who are being targeted by increasingly sophisticated scams.

“As we head into the busiest shopping season of the year, it is important that consumers remain vigilant and verify before making purchases.”

Gunnar Koren, head of financial crime prevention at Tietoevri Banking, said: “Today’s criminals launch highly targeted and concerted attacks.”

Opinium Research conducted a survey of 2,000 people across the UK in February and March.

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