The UK has been crowned the card fraud capital of Europe, with Britons almost nine times as likely to be scam victims than their German neighbours.

There were 134 cases of card fraud per 1,000 people in the UK, according to think-tank the Social Market Foundation.

This was 19 more than France and 119 more than in Germany.

The average card fraud cost Brits £8,833.20 — nearly £3,000 more than closest rival France

The average card fraud cost Brits £8,833.20 — nearly £3,000 more than closest rival France

The amount stolen was also much higher than in other European nations, with the average card fraud costing us £8,833.20 — nearly £3,000 more than closest rival France and almost £8,000 more than Italy. 

The Mail revealed in June how Britain has become the global capital of fraud, with losses of almost £3billion a year.

The costs per person in the UK are far higher than in other leading Western economies, including the United States, Canada and Australia.

Our Stop the Scammers campaign is calling for a major overhaul to the system, starting with the appointment of a minister for fraud.

[email protected]

THIS IS MONEY PODCAST

This post first appeared on Dailymail.co.uk

You May Also Like

Retailers demand action from Chancellor on business rates

Demand: Retailers have called on the Chancellor to take action on business…

MARKET REPORT: Plus 500 cashes in on day trading boom 

The pandemic craze for day trading shows no sign of waning despite…

Millions to get second £150 cost of living payment next year, Jeremy Hunt confirms

MILLIONS of Brits with a disability will receive a £150 payment in…

Fury after Amazon ‘removes’ PS5 from baskets as release crashes Tesco, GAME and Currys websites

FURIOUS Amazon shoppers claim the online retailer has been “removing” the new…