Thursday, 27 March 2014

@ALL - Online vehicle fraud cost victims £17.8 million in 2013

Vehicle fraud drives us round the bend, costing victims £17.8 million in 2013

27 March 2014

Online vehicle fraud is costing the nation a road-rage inducing £17.8 million each year, according to new figures released by Get Safe Online and the National Fraud Intelligence Bureau (NFIB) today. This is the equivalent to 89 Aston Martin Vanquishes.

In 2013, more than 6,600 UK residents reported online vehicle fraud to the police, with an average loss of £4,078 per victim. The loss range is huge; from smaller losses of less than £50, which mainly related to holding deposits, to one unlucky victim who lost £300,000 where multiple vehicles were involved.         

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