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24 Oct 2025
A total of £629.3 million was stolen by criminals in the first six months of this year, and there were 2.09 million confirmed cases across both authorised and unauthorised fraud. This represents a three per cent increase in losses and a 17 per cent increase in cases relative to the first half of 2024.
The trends underlying the data are slightly different from that reported last year, and in our report covering 2024 as a whole, when we saw declining authorised payment fraud replaced with rising levels of unauthorised fraud.
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