Attorney General warns internet fraud is on the increase

In the Attorney General Lord Goldsmith’s report, Internet fraud now accounts for eight per cent of all fraud in the UK.

The report also states that policing procedures often fail to detect internet fraud, which is costing UK businesses millions of pounds each year. In the report Lord Goldsmith states: “It is often confusing for victims to know who to report the fraud to, particularly if it crosses geographical or sectoral boundaries. Fraudsters benefit from this lack of continuity of response. Internet fraud is a particularly good example of how a fraud can become difficult to report.”