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UK identity theft affected 125,000 people last year, says Cifas

John E Dunn | March 26, 2015
After a drop in 2013, fraud rose 25 percent in 2014 with identity theft still the biggest menace.

The organisation was urging a review of the sentencing guidelines for fraud which would discourage low-level frauds such as those against insurance firms.

According to Experian's Uk director of identity theft and fraud, Nick Mothershaw, identity theft now made up 52 percent of all fraud cases it detected.

"The main driver of identity theft over the past year has been current account fraud. Identity fraud now accounts for 47 per cent of all detected current-account fraud," he said.

 

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