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The Independent UK
The Independent UK
Alicja Hagopian

‘It takes over your life’: Fraud cases up 33 per cent as AI, crypto and social media increase risk for millions of victims

Martin Lewis Office for National Statistics Elon Musk Victim Support

Fraud cases in England and Wales surged by more than 1 million last year, new figures reveal, with some victims losing tens of thousands of pounds to scammers.

Over 2024, there was a 33 per cent rise in fraud incidents compared to the previous year, rising from an estimated 3 million cases to 4.1 million, according to new data from the Crime Survey for England and Wales (CSEW).

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