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UK credit card fraud losses hit £535m

Credit card fraud rocketed last year according to UK-wide crime figures which showed that there were 20% more fraudulent transactions year-on-year - up to 2.7 million - and losses increased by one-quarter to £535m.

Credit card fraud rocketed last year according to UK-wide crime figures which showed that there were 20% more fraudulent transactions year-on-year - up to 2.7 million - and losses increased by one-quarter to £535m.