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Office For Professional Body Anti-Money Laundering Supervision Publishes Report On Progress And Themes From 2020/21
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FCA - Financial Conduct Authority (via Public) / OPBAS publishes report on progress and themes from 2020/21
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Too many fraud victims still receive a “poor service” from police and are being denied justice, according to a watchdog.
People are more likely to be a victim of fraud than any other crime and the problem has become worse during the coronavirus pandemic, Her Majesty’s Inspectorate of Constabulary and Fire & Rescue Services (HMICFRS) said.
The inspectorate found the “detrimental effect of fraud is as great today as it has ever been” but it is still treated as a “low-priority or victimless crime”.
It comes as fraud and hacking soared during the pandemic as criminals “took advantage of behavioural changes” amid lockdowns and restrictions in England and Wales when there was a surge in online shopping leading to “substantial increases” in computer crimes, according to the Office for National Statistics (ONS).
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