The Government needs to set out an ambitious agenda to tackle fraud, while law enforcement agencies need to be working harder to identify and protect the people most at risk from fraud.” Gareth Shaw, Which? money expert, said: “These criminals are constantly finding new ways to rip us off and those tackling fraud should be upping their game. The scam sees people duped into changing a direct debit, standing order or bank transfer, by a fraudster pretending to be an organisation the victim regularly pays money to, such as an energy or phone company. London has also seen regular payment fraud soar 134 per cent over the two years to 2016. The capital is a hotspot for social media or email hacking, door-to-door sales scams and ticket fraud.
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