Brits conned out of nearly £24m in phone scams IN ONE YEAR

  • 2 December 2014
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Folks keep handing out financial data to cold callers

By Brid-Aine Parnell, 2 Dec 2014  Brits have lost three times as much money in phone scams in the last year than they did the year before, according to Financial Fraud Action UK.
The organisation, which works with consumers, retailers and the police as well as the financial services industry, said that 58 per cent of people said they’d received suspect calls, up from 41 per cent from a similar survey last year.
 At the same time, losses attributed to phone scams have shot up to £23.9m from £7m, prompting UK banks, building societies and card companies to launch a campaign with the police to help educate folks.
 
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