Criminals Prefer Plastic

If the new figures showing that crime as a whole isare increasingly aware of their plight. Indeed, they are
falling in England and Wales have you unscrewing thenow more worried about credit card fraud than they
locks to your front doors and casting them into theare about violent crime.
nearest bin, then take heed: the small print shows thatThe survey found that 53 per cent of those asked
credit card fraud is actually on the up.were worried about having their cards stolen and used
The figures, part of the latest British Crime Surveyfraudulently, compared to 14 per cent who worried
from the Home Office show that last year, 6.4% ofabout becoming a victim of violent crime. Just over half
plastic-card owners had fallen victim to fraudof those who fell victim to card fraud said they
compared with 4.7% the year before, making it nowsuffered no monetary loss, although 25% were more
the most common type of theft.than £150 out of pocket.
The British Crime Survey Card defines fraud as usingOf those who suffered from card fraud, only 14 per
plastic payment cards, such as bank, debit, credit orcent reported it to the police after noticing the problem,
store cards, to take money without permission or priorwhile 91 per cent reported it to their bank or building
knowledge from a bank, building society or credit cardsociety.
account.It seems the banks have responded to these
Rather than targeting older people as is usually theincreases by making vast improvements to their
case, the figures show that fraudsters prefer thecustomer service skills, as has been the case with the
middle age range. These were more than twice moreVirgin Money credit card.
likely to fall victim to fraudsters than those in the 16 toOf those victims who discovered themselves they
24 years and 75 years or over brackets.had been victims of fraud, satisfaction with the way
Similarly, unlike most other crimes, plastic cardthe matter was handled were higher for banks, building
victimization also increases with higher householdsocieties and credit card companies than for the police.
income. Just 2.7 per cent of card owners inThis lack of trust in the police has led to increasing
households earning under £10,000 had been targeted,numbers of card holders acting to protect themselves
compared to 11.7 per cent of card owners inagainst fraud. The majority (96%) of card owners took
households with an income of £50,000 or more.at least one measure to avoid their bank, building
This could be partly because these groups are lesssociety or credit card account details being obtained
likely to have bad credit rating credit cards which haveby someone else.
smaller credit limits.Seventy-eight per cent of people surveyed routinely
However, the study didn't find anything about travel -destroyed any documentation that contained personal
which may see users of use abroad credit cardsfinancial information. In addition, 76 per cent said they
breathing a sigh of relief.regularly reviewed their bank statements to make sure
As the figures show the second consecutive annualall transactions were legitimate.
increase since 2006/07 it seems the card-holding public