Subscribe to our newsletter

UK: Scams – Cost of impact on wellbeing calculated as £9bn a year

The cost to scam victims' wellbeing can be calculated at a monetary total of £9.3bn a year, according to the consumer group Which?.

UK: Scams – Cost of impact on wellbeing calculated as £9bn a year
smsfadviser logo
  • Shared from BBC News
  • October 20, 2021
share this article

That is the equivalent of £2,509 a year for each victim, but the impact can be higher for someone hit by online fraud.

Read more at BBC News
Receive the latest Financial Accountant news,
opinion and features direct to your inbox.

related articles