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|Experian comments on Financial Fraud Action UK’s latest figures|
|Monday, 22 June 2015|
Nick Mothershaw, Director of Fraud and Identity at Experian, comments on Financial Fraud Action UK’s latest figures:
“The FFA UK’s latest figures highlight how significant the problem of fraud is, and the need for people to remain vigilant. Our data also shows a substantial rise of identity theft over the past year with current accounts being the fastest growing targets for identity thieves – a growth that has coincided with the seven day current account switching launch. They offer thieves long terms gains with the opportunity to develop and create mule accounts to launder funds. They also offer a springboard into related high value financial products including mortgages and car loans.
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