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Vehicle scams surged by 74% in the first half of 2023, according to new research. Photo: PA/Alamy

Car and van buying scams have surged by 74% in the first half of 2023 compared to the previous year, according to a study by Lloyds Bank (LLOY.L).

They have become the most common type of online shopping fraud reported in the UK, particularly affecting individuals between the ages of 25 and 34, with an average loss of £998 per victim.

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