Fraud hotspot

MOTHERWELL has been named a hotspot for motor finance fraud in figures released by the Finance and Leasing Association (FLA).

The figures show that in the first three months of this year, the town was fifth in the country for the number of reported cases of motor finance fraud - just behind Greater London, Glasgow and Manchester but ahead of large cities such as Birmingham and Newcastle.

The increase in fraud in the Motherwell area helped to contribute to a 17 per cent increase nationwide in the number of frauds in the first three months of 2011.

For full story, see this week’s Times & Speaker, dated Thursday, July 7.