Identity theft on the rise in the UK

Friday, 24 September 2004, 11:07 AM EST

More than half of the UK's population are concerned with identity fraud and bin raiding, yet only one in ten people are shredding their personal documents before disposing of them, according to recent research from MORI Social Research Institute.

Detective Chief Superintendent Ken Farrow, head of the City of London Police Fraud Squad and chairman of the ACPO National Working Group on Fraud estimates that fraud accounts for losses of £14bn to the UK economy annually.

By James Watson at vnunet.

[ Read more ]

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