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Impact of scams on wellbeing calculated as £9bn

The consumer group Which? has said the cost to scam victims’ wellbeing can be calculated at a monetary total of £9.3 billion a year – the equivalent of £2,509 a year for each victim, but the impact can be higher for someone hit by online fraud.

See BBC Online: Scams: Cost of impact on wellbeing calculated as £9bn a year