C
Originally published by Capital Business
📰 Read Full Article
business
April 19, 2026
15h ago

Scammers are becoming ever more sophisticated – this is what the fightback looks like

Scammers are becoming ever more sophisticated – this is what the fightback looks like

Reports of romance scams such as Kirsty's rose by 20% in the first quarter year on year between 2024 and 2025, according to Barclays, with City of London police saying £106m was lost in the UK in 2024 alone to scams like the one Kirsty fell prey to. Kenya breaking news | Kenya n..

✨ Key Highlights

Scammers are employing increasingly sophisticated international tactics, leading to a surge in global fraud losses which the UK alone saw reach £106 million in 2024. The article details how victims like Kirsty are conned out of significant sums, highlighting the complex nature of these criminal networks.

  • Global fraud losses exceed half a trillion dollars annually.
  • A joint international agreement has been signed at the Global Fraud Summit in Vienna to combat scamming.
  • Criminals often operate from regions with limited law enforcement control, with Myanmar and parts of West Africa and South Asia noted as hubs.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement
Advertisement