Coronavirus-related fraud scams on the rise as UK losses near £1m

A growing trend of Coronavirus-related fraud has seen reports of scams increase by 400% within the space of a month, according to the latest figures from Action Fraud.  Recently the National Fraud Intelligence Bureau reproted the new COVID-19 scam trend and updated figures show that since February 1 there has veen 105 reports to Action Fraud. Total losses have reached nearly £970,000. The first Covid-19 related scam report was made on February 9, with an additional 20 reports being received that month. Between March 1-13, a further 46 reports to Action Fraud came in - while 38 repo...