Cost of living crisis sees rise in online shoppers committing non-delivery fraud

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Cost of living crisis sees rise in online shoppers committing non-delivery fraud
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Cost of living crisis sparks rise in online shoppers committing non-delivery fraud in last 12 months

New research conducted by the UK’s leading fraud prevention service has discovered that an increasing number of online shoppers are committing fraud against retailers. Cifas said that the rise in online shopping in recent years has resulted in a significant and growing level of non-delivery fraud.

The largest proportion of these people were aged between 25-34, followed by 16-24-year-olds at 33 per cent. Some 18 per cent of those surveyed didn’t believe it was illegal to falsely claim the non-delivery of a purchase. People who make false statements around their level of income often support these claims with fake bank statements and HM Revenue and Customs tax returns.

The largest proportion of these impacted the banking sector, but there were also marked increases in attacks on the asset finance, loan and mortgage sectors.

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