A RECORD £174.5 million was lost on cards due to fraudulent internet, telephone or mail order purchases in the first half of this year, new figures show.
The growing trend of internet shopping has helped to push up the figure to the biggest half-yearly total ever recorded by Financial Fraud Action UK, which prevents crime on behalf of the financial services industry.
Within the latest total, e-commerce fraud loss is estimated to be £110m, a 23% jump compared with the first six months of 2013.
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