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Financial fraud in H1 2016 increased to £399.5 million

Financial fraud in H1 2016 increased by a quarter to £399.5 million, enabled by scams and online attacks, new figures published by Financial Fraud Action UK (FFA UK) show. Banks’ security systems continued to prevent the majority of fraud from taking place, with prevented fraud totalling £678.7 million, FFA UK said. This is equivalent to [...]

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