By Terri-ann Williams For Mailonline
Published: 16:22 BST, 15 July 2019 | Updated: 16:27 BST, 15 July 2019
Residents across the UK have become major targets for telephone fraudsters who trick people into calling back fake numbers.
Once the unknowing victim calls the number back they will incur high charges on their bills, and it has now been revealed that the UK accounts for 25 million of scam calls globally.
Around 15 per cent of UK residents have been targeted – which is the biggest number for a country in the G20 group of large economies.
In 2018, 170 million fraudulent calls were blocked across the world to hundreds of destinations, according to a new report by Belgian telecom company BICS.
Around 15 per cent of UK phone owners are said to have been targeted by scammers who don't realise they are being charged high amounts for accepting the calls
The report, which was based on information provided by 900 telecoms companies found that the level of inbound telephone scams in the UK was close to that of Tunisia, Somalia and Cuba.
It is estimated that globally, telecom fraud causes an annual loss of nearly £24 billion a year. The threat is growing and the report revealed that there was a two per cent increase in fraudulent