With funding of over £600,000, the action involved cooperation between all UK police forces and Regional Organised Crime Units, alongside national agencies including the Financial Conduct Authority, NCA, Serious Fraud Office and National Trading Standards.
The operation coordinated by the National Economic Crime Centre and City of London Police has resulted in:
- 438 arrests;
- 211 voluntary interviews;
- 283 cease and desist notices;
- Account freezing orders of £5.1m;
- Seizures of cash and assets worth £13.9m.
As fraud continues to remain a key focus in the UK, firms should ensure they take appropriate measures to mitigating potential fraud risks.
Fraud
Industry News
