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.