Unauthorised Bank Account Fraud

Fraudsters are desperate to get their hands on your personal information; their favourite kind is the kind relating to your bank account. Bank account fraud occurs when your bankcard or account information has been stolen either as a direct result of identity theft or by other means. According to Financial Fraud Action last year there were over a million cases, that’s 1 every 15 seconds and total losses of more than £755 million. Watch our animated guide below.