Stolen card fraud 'at new high'

Updated
Colorful stack of credit cards and shopping gift cards.  Macro with extremely shallow dof.
Colorful stack of credit cards and shopping gift cards. Macro with extremely shallow dof.

%VIRTUAL-SkimlinksPromo%Consumers are being warned not to be duped by card scams as figures showed that fraud due to stolen cards has risen to its highest levels since 2006.

Some £58.9 million was lost due to lost or stolen plastic last year, marking a 7% increase on the previous year and the highest figure since 2006, according to Financial Fraud Action UK (FFA UK), the name under which the financial services industry co-ordinates crime prevention.

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