header-logo header-logo

10 February 2023 / Jack Talbot
Issue: 8012 / Categories: Opinion , Fraud , Cybercrime , Technology
printer mail-detail

The changing face of fraud post-pandemic

Will the UK authorities be able to lead the fight in combatting the fraud epidemic? Not without greater funding & better resources, says Jack Talbot

As the world emerges from the long shadow of COVID-19, like many countries, the UK is grappling to contain an upward trend in fraud. By its very nature, fraud is a shapeshifting creature of its time, and those committing it are almost endlessly adaptable in their ability to exploit new technology. Against a backdrop of high-profile ‘show’ trials, one might question whether the fight against fraud is really being won, as it is now the most commonly experienced crime in England and Wales.

So often, fraud is wrongly thought of as a ‘victimless’ crime. The findings in the ‘Fraud and the Justice System’ report produced in October 2022 by the House of Commons Justice Committee are arresting: beyond the economic cost, it has become the most commonly experienced crime in England and Wales, now accounting for more than 40% of all recorded crime. Fraud not only impacts individuals but also the overall economy,

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Anthony Collins—20 promotions

Anthony Collins—20 promotions

20 promotions mark major people investment at national law firm, Anthony Collins

Sidley—Elaine Whiteford

Sidley—Elaine Whiteford

Sidley adds competition litigator Elaine Whiteford in London

Charles Russell Speechlys—Claudina D’Costa

Charles Russell Speechlys—Claudina D’Costa

Charles Russell Speechlys welcomes Claudina D’Costa as Director of Client Development Marketing

NEWS
The 25th Pro Bono Week begins today until 6 November, with events hosted by law firms, chambers, law schools and charities across the UK
Pro bono is celebrating a silver anniversary, with initiatives putting businesses and students at the heart of access to justice
Choosing the wrong expert can cost a clinical negligence claimant more than their case
Judges risk weakening their own independence by staying silent over government reforms, a leading public lawyer argues
A discount on damages does not automatically mean an equivalent haircut for legal costs in military deafness claims
back-to-top-scroll