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World

We are facing an epidemic of online fraud

21 August 2023

8:23 PM

21 August 2023

8:23 PM

At what point are we going to drop the fiction that acquisitive crime is on the wane and admit that we are in an epidemic of fraud? Today, Barclays Bank has appealed to social media firms – rather than banks like itself – to refund victims of online scams. I am sure that social media companies could do more to close down scams, but isn’t the real problem that the law is tolerating online crime in a way that it doesn’t tolerate other crime?

If your house is burgled, you know to contact the police. That

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