Record numbers of us lying to our banks

Updated
Debit card
Debit card

As current account fraud hits a new record high, John Fitzsimons finds out why so many of us are lying to our banks, and what happens if we get caught.

A current account is perhaps the most ubiquitous financial product around. A study by the Office of Fair Trading a couple of years ago found that 90% of us use them regularly. But according to new research, the humble bank account is also the subject of a fast growing form of fraud.

Advertisement