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Isle of Man hit by £1 million of fraud losses

Data from 2020 released by NFIB

The Isle of Man was hit by almost £1 million worth of losses due to scams and cyber crime during 2020.

The figures have been revealed by the National Fraud Intelligence Bureau.

Online shopping and auctions are the most reported cases adding up to £17,000.

Fraudulent financial investment amounts to around £500,000.

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