One in 700 scams ends in a conviction as experts warn UK 'losing the war' amid ...

One in 700 scams ends in a conviction as experts warn UK 'losing the war' amid ...
One in 700 scams ends in a conviction as experts warn UK 'losing the war' amid ...
Just one in 700 scams results in a conviction as experts warn Britain is 'losing the war' amid a 'tsunami' of fraud New figures show how fraud convictions have slumped by 62 per cent since 2011 In 2019 there were an estimated 3.7million fraud incidents in England and Wales Reports of investment fraud have spiked by a staggering 343 per cent since 2017

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Britain is ‘losing the war on fraud’ with just one in 700 scams resulting in convictions, the Daily Mail can reveal.

Shocking figures show fraud convictions have slumped by 62 per cent since 2011 to their lowest level in 14 years. 

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But reports of investment fraud have spiked by 343 per cent since 2017, while the pandemic has seen billions lost to scams this year.

The findings sparked warnings that ministers have failed to respond to the scale of the crisis, creating ‘a haven for fraudsters’.

Overall fraud convictions plunged by 34 per cent in 2020, according to Ministry of Justice figures

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