June is peak month for reporting consumer fraud | moneyfacts.co.uk

Moneyfacts.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfacts.co.uk will always be from news@moneyfacts-news.co.uk. Be Scamsmart.

ARCHIVED ARTICLE This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Derin Clark

Derin Clark

Online Reporter
Published: 31/05/2019
personal finance mug

Consumers made more crime reports for fraud during June than any other month, according to ClearScore, a credit checking service provider.

A ClearScore Freedom of Information request found that during 2018, more crime reports for fraud were made to Action Fraud than during any other month during the year. In fact, the number of frauds reported in June was 37% higher than in December, when the fewest frauds were reported. 

This warning comes in the same week as eight high street banks and building societies (covering 17 brands) have signed up to a new voluntary agreement to refund victims of push payment fraud. Despite this better protection for victims of fraud, consumers still need to be wary about possible fraudsters and take precautions against cyber-criminals trying to gain unauthorised access to accounts.

Protection against fraud

Our guides eight things your bank will never ask you to do and seven security rules to keep online banking safe provide some useful tips to help protect accounts against fraud. Consumers should always be wary of giving out any of their banking details or transferring funds to people without ensuring they are who they say they are, as well as regularly checking bank statements and their credit report to keep their finances safe.

Justin Basini, CEO and co-founder of ClearScore, said: “Fraudsters are becoming more and more sophisticated. A major problem is that so much attempted fraud goes unnoticed and once people do release, it’s too late. When this happens, innocent people are left thousands of pounds out of pocket. Keeping an eye on your credit report is a simple, free way to check for the tell-tale signs someone is trying to defraud you – vigilance is the first step towards protecting yourself.”


Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

personal finance mug


Moneyfacts.co.uk will, like most other websites, place cookies onto your device. This includes tracking cookies.

I accept. Read our Cookie Policy