UK bank fraud up

Fraud on UK-issued credit and debit cards totals GBP 411.6 million as of June 2003.

Fraud on UK-issued credit and debit cards totals GBP 411.6 million as of June 2003. Still, many UK consumers are not taking the proper precautions to prevent identity theft. For example, 37% say they never shred or burn bank or credit card statements when they are done with them and 35% say the same about receipts.