Anti-fraud body records £36m rise in crime.
Online and phone scams rose another £36m to hit £337m in the last financial year, according to Financial Fraud Action.
The financial services-funded body attributed the rise partly to a new type of card fraud tricking people into handing over their personal information.
A total of £7m worth of scams took place when fraudsters masqueraded as officials like police officers or telephone or internet providers, persuading people to hand over their PINS and bank account details.
Some victims were persuaded to cancel their cards, but when they rang a number provided by the fraudster, they would end up talking to the fraudster, who would arrange for a courier to collect the card and thus steal the victims’ details.
Detective Chief Inspector Dave Carter, head of the Dedicated Cheque and Plastic Crime Unit (DCPCU), said: "Fraudsters can use personal information gleaned from vishing in a number of ways including to access a victim’s bank account, make fraudulent purchases and commit identity theft.
"Always be wary of cold callers who suggest you hang up the phone and call them back.
"Remember that it takes two people to terminate a call so try and use a different phone line if you are asked to ring back. If you think you’ve already been a victim of this scam, contact your bank or card company immediately."