People aged between 20 and 39 are the most likely to have reported being scammed in the past year, accounting for almost two in five of reports to Action Fraud.
Between November 2020 and December 2021, individual victims lodged 448,838 reports with Action Fraud for losses of more than £1.9bn, Which? said.
Which? money editor Jenny Ross said:"The government's decision to include paid-for scam adverts in the Online Safety Bill, along with promises to make reimbursement mandatory for bank transfer scam victims, was a huge step in the right direction, but it's now up to the government and regulators to get it right.
3. Offline shopping fraud - this could include buying goods from a newspaper advert in person or on the high street , £2,6925."Other" investment fraud - financial fraud perhaps involving foreign exchange, cryptocurrency or investment seminars , £24,0899.
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