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LATEST FRAUD News

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  • 28 Mar 2026 11:19 AM | Anonymous member (Administrator)

    More than 550 arrests were made as part of Operation Henhouse, the fifth year of a UK-wide campaign against fraud.

    Coordinated by the National Economic Crime Centre at the National Crime Agency (NCA) and City of London Police, this year’s activity ran throughout February an resulted in 557 arrests, £9 million in account freezing orders, £18.1 million in cash and assets seized.

    The operation also saw 249 cease and desist notices and 172 voluntary interviews.

    Since the operation started five years ago, 1,904 people have been arrested and more than £67 million has been seized or disrupted.

    https://policeprofessional.com/news/operation-henhouse-delivers-strongest-results-yet-in-fifth-year-of-national-fraud-crackdown/

  • 21 Mar 2026 10:01 AM | Anonymous member (Administrator)

    Plans for a new cross-agency crackdown on online fraud represent an ambitious attempt to improve the UK’s response to economic crime, according to experts.

    The Online Crime Centre will launch in April, uniting specialists from the UK government, police, intelligence agencies, banks, technology platforms and mobile networks in a co-ordinated joint venture aimed, initially, at high volume cyber-crimes and fraud.

    https://www.pinsentmasons.com/out-law/news/uk-launches-new-anti-fraud-strategy

  • 14 Mar 2026 9:29 AM | Anonymous member (Administrator)

    Two new reports underpin the Fraud Strategy 2026-2029

    Economic & Social Cost of Fraud 2023–24 estimates a £14.4bn annual impact.

    National Assessment Centre Fraud Assessment 2025 highlights the surge in online, cross‑border, AI‑enabled fraud.

    Built on three pillars — Disrupt, Safeguard, Respond — the UK is accelerating its fraud‑fighting infrastructure, including:

    £31m Online Crime Centre launching April 2026, unifying intelligence, law enforcement and industry to dismantle criminal networks.

    Greater action against abuse of telecoms, online platforms and financial systems.

    Enhanced resilience for individuals and businesses through targeted guidance and proactive policing.

    Stronger victim support and improved investigative and legal powers.

    This strategy reflects a long‑overdue reset: a modernised, tech‑driven, partnership‑focused approach to reducing harm and restoring confidence.

    https://loupedin.blog/2026/03/disrupt-safeguard-respond-uk-sets-new-fraud-strategy/#page=1

  • 14 Mar 2026 9:25 AM | Anonymous member (Administrator)

    New and expanded fraud strategy sets out how the government will dismantle overseas scam compounds and protect the public from the UK’s most pervasive crime.

    Fraudsters will be stopped in their tracks by a new online crime squad, set up to disrupt the gangs behind Britain’s most pervasive crime.

    Launching operations in April, the new Online Crime Centre will bring together specialists from the government, police, intelligence agencies, banks, mobile networks and major tech firms to drive co-ordinated action against fraud.

    It forms part of a new and expanded fraud strategy published today, which sets out how the government will disrupt fraudsters and protect the public – with £250 million invested over the next 3 years in the fight.

    https://www.gov.uk/government/news/new-disruption-unit-launched-in-crackdown-on-fraud


  • 7 Mar 2026 10:55 AM | Anonymous member (Administrator)

    A government crackdown on public sector fraud delivered £7.53 billion in savings for the taxpayer last year. Led by the Public Sector Fraud Authority, an anti-fraud body, it achieved these savings through a focus on prevention, recovery, and enforcement.

    By coordinating specialists across government, the initiative aims to identify and dismantle fraud across the public sector, ensuring funds are directed to essential services rather than lost to criminal activity.

    https://www.ukauthority.com/articles/data-matching-tools-help-tackle-public-sector-fraud

  • 28 Feb 2026 12:02 PM | Anonymous member (Administrator)

    Graham McNulty has been appointed to lead the Serious Fraud Office as Interim Director.

    He will take over from Nick Ephgrave QPM on his retirement at the beginning of April.

    Mr McNulty, who joined the SFO as Chief Operating Officer in September 2024, was appointed after a process overseen by the Attorney General’s Office.

    https://www.gov.uk/government/news/interim-director-appointed-to-lead-the-serious-fraud-office

  • 14 Feb 2026 4:00 PM | Anonymous member (Administrator)

    Romance scammers are posing as savvy investors flaunting fake profits, Nationwide Building Society is warning.

    The society said it was seeing criminals moving away from “dramatic emergency pleas” and towards manipulation involving bogus financial opportunities.

    It said reported cases of romance scams increased by 5% between 2024 and 2025.

    https://www.msn.com/en-gb/money/other/romance-scammers-shifting-tactics-towards-bogus-investment-schemes/ar-AA1W6Vl8

  • 14 Feb 2026 3:54 PM | Anonymous member (Administrator)

    Collapse of bribery prosecution exposes wider disclosure failings at fraud agency

    The UK Serious Fraud Office has dropped its prosecution against former executives of London Mining following a decade-long investigation, after problems emerged with its evidence review software that could impact more than a dozen cases.

    The SFO said in a hearing at Southwark Crown Court on Thursday that it was offering no evidence and the three defendants in the case were formally acquitted by the judge.

    https://www.ft.com/content/0fe2cac3-0794-4bd4-9acb-31b35b463312

  • 14 Feb 2026 3:52 PM | Anonymous member (Administrator)

    The fraud trial linked to the collapse of Patisserie Valerie has been delayed until 2028, just weeks before proceedings were due to begin.

    At a hearing at Southwark Crown Court on Monday, Judge Adam Hiddleston agreed to postpone the trial of four defendants charged in connection with the failure of the high street café chain, following an application by the defence for more time to prepare evidence.

    https://www.thebusinessdesk.com/westmidlands/news/2108212-patisserie-valerie-fraud-trial-delayed-until-2028

  • 30 Jan 2026 2:48 PM | Anonymous member (Administrator)

    The City of London Police, the national lead force for fraud, today announces the full public launch of Report Fraud - a new national service designed to transform how victims and businesses across England, Wales and Northern Ireland report cyber crime and fraud, and how law enforcement and industry respond.

    Cyber crime and fraud are now the most common crime in the UK, accounting for around 50 per cent of all offences and costing the economy billions of pounds each year. Cyber-enabled crime and fraud continues to grow in both scale and sophistication, targeting individuals, small businesses and major organisations alike. Report Fraud has been created to meet this challenge head-on, providing a single, modern national gateway for reporting and intelligence that will strengthen the collective response of policing, government and the private sector.

    https://www.cityoflondon.police.uk/news/city-of-london/news/2026/january/report-fraud-launches/

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