Its estimated 40 of all crime in england and wales is fraud. Hello, its the police, open up. Fraud, it is a National Security issue. Its funding other organised crime. | you look back now and you think, how stupid were we . Yeah. But at that moment in time, it was. It was quite terrifying. Every year, fraudsters relieve us of an estimated £5 billion. Last year in kent alone, 12,000 frauds were reported. Panoramas been filming there for almost a year with the kent police fraud squad. The groups that operate tend to be from london. The whole of kent, it is targeted because its a quickjourney for them to come and pick up the cash. Weve also got quite an aged population, again, which is who they look to target, often. So it sort ofjust goes hand in hand with the sort of population type. Police are increasingly worried about something they call courierfraud. It begins with a call from a fraudster pretending to be a Police Officer or bank official, and ends with a Courier Collecting Cash or
turmoil is spreading. credit suisse will borrow almost $54 billion from swiss bank. the bank stock surging in the first few minutes of trading today in europe as shares plunged to a record low on wednesday after getting cut off by its biggest shareholder. anna stewart is live in london. markets are now open there. what is the latest? reporter: i think that we re seeing a bit of relief now on the european indices particularly with the banking stocks. let me show you how the european market opened. all the major indices are higher by around a percentage point led by the smi in switzerland. credit suisse closed down yesterday 24%. and today you will see share price is now up around 23%. i think some investors saw a little bit of value early this morning as a result of what the swiss central bank has decided which is that they would provide liquidity back stop and credit suisse have taken them up on that offer, $53 billion in terms of the loan. and they will be buying back arou
it s estimated 40% of all crime in england and wales is fraud. hello, it s the police, open up. fraud, it is a national security issue. - it s funding other organised crime. | you look back now and you think, how stupid were we? yeah. but at that moment in time, it was. ..it was quite terrifying. every year, fraudsters relieve us of an estimated £5 billion. last year in kent alone, 12,000 frauds were reported. panorama s been filming there for almost a year with the kent police fraud squad. the groups that operate tend to be from london. the whole of kent, it is targeted because it s a quickjourney for them to come and pick up the cash. we ve also got quite an aged population, again, which is who they look to target, often. so it sort ofjust goes hand in hand with the sort of population type. police are increasingly worried about something they call courierfraud. it begins with a call from a fraudster pretending to be a police officer or bank official, and ends with a courie