The source adds additional information: "There are three types of cheque fraud: counterfeit, forged and fraudulently altered checks. Counterfeit cheques are printed on non-bank paper to look exactly like genuine checks. Forged cheques are genuine cheques that have been stolen from an innocent customer and used with a forged signature. A fraudulently altered cheque is a genuine cheque that has been made out by the genuine customer but a fraudster has altered it before payment i.e. by changing the name of beneficiary or the amount."
Data for earlier months are published also by the source .
Citation formats
Fraud loss value in the United Kingdom (UK) 2020, by type
Data on the annual value of cheque fraud losses in the United Kingdom (UK) in 2020, by type of fraud. shows that annually the amount lost due to cheque fraud has fluctuated, despite the fall in payments made using cheques. In 2019, counterfeit cheque fraud amounted to the highest loss with **** million British pounds. Cheque fraud losses includes counterfeit, forged and fraudulently altered cheques.
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UK Finance, & Financial Fraud Action UK. (March 24, 2021). Value of cheque fraud losses in the United Kingdom (UK) in 2020, by fraud type (in million GBP) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /statistics/784558/type-cheque-fraud-losses-uk/
UK Finance, und Financial Fraud Action UK. "Value of cheque fraud losses in the United Kingdom (UK) in 2020, by fraud type (in million GBP)." Chart. March 24, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /statistics/784558/type-cheque-fraud-losses-uk/
UK Finance, Financial Fraud Action UK. (2021). Value of cheque fraud losses in the United Kingdom (UK) in 2020, by fraud type (in million GBP). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /statistics/784558/type-cheque-fraud-losses-uk/
UK Finance, and Financial Fraud Action UK. "Value of Cheque Fraud Losses in The United Kingdom (Uk) in 2020, by Fraud Type (in Million Gbp)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 24 Mar 2021, /statistics/784558/type-cheque-fraud-losses-uk/
UK Finance & Financial Fraud Action UK, Value of cheque fraud losses in the United Kingdom (UK) in 2020, by fraud type (in million GBP) ÌÇÐÄÆƽâ°æ, /statistics/784558/type-cheque-fraud-losses-uk/ (last visited July 23, 2026)
Value of cheque fraud losses in the United Kingdom (UK) in 2020, by fraud type (in million GBP) [Graph], UK Finance, & Financial Fraud Action UK, March 24, 2021. [Online]. Available: /statistics/784558/type-cheque-fraud-losses-uk/
