Fraud on the rise, says CIFAS
Fraud acts are on the rise by up to 34% in Q1 2007 compared to Q1 2006, according to CIFAS, UK’s Fraud Prevention Service.
Application fraud—where fraudsters tell lies on application forms in order to obtain credit, insurance or other products—increased by 21%, with 19,239 such frauds detected and filed by CIFAS Members.
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