Cost of Living Pressure & Increased fraud?

Cost of Living Pressure & Increased fraud?

An insurer has disclosed a worrying increase in fraud – it identified £4.2million worth of fraudulent property claims between January and May this year, a rise of 25% on the same period in 2021.  As households and businesses come under an increased financial strain, it appears some are turning to deception.

The average value of the fraudulent claims was £8,800. Read more here.