Fraud

FEATURE: The COVID-19 pandemic has seen an increase in cybercrime and online fraud, and with it a new, complex scam involving dating sites and cryptocurrencies; PhD candidate and Research Fellow Carlo Handy Charles explains how organised crime has pioneered the sophisticated ‘pig-butchering’ scams.

ANALYSIS: As well as changing society, the Covid pandemic has changed crime, as the disarray caused by rapidly introduced polices at national and international levels has presented all sorts of opportunities for criminals; Policing Insight’s Chris Allen examines one particular growth area of illicit activity – the sale of counterfeit COVID-19 passports.

ANALYSIS: Fraud is now the most common crime in England and Wales, costing the UK economy £137bn each year; in this article, Richard Hyde, Scott Corfe and Bill Anderson-Samways of the Social Market Foundation (SMF) examine the inadequacy of police resource dedicated to tackling the problem, and call on the Government to take a comprehensive ‘systems approach’ to tackling fraud, enacting reforms that can endure over decades.

INTERVIEW: With organised crime and illegal financial transactions increasingly reliant on digital data and online activity, the work of the digital forensics team at Her Majesty’s Revenue and Customs (HMRC) in the UK has become crucial in the fight against fraud and other crimes: Policing Insight’s Christine Townsend spoke to HMRC’s Head of Digital Forensics Colin Smith to find out more.

ANALYSIS: While banking and financial transactions move increasingly towards digital platforms, criminals are resurrecting a more traditional fraud – bank check theft – to build bitcoin profits and steal identities, as Georgia State University Criminology and Criminal Justice Professor David Maimon explains.

ANALYSIS: Fraud has been one of the biggest crime growth areas in the UK and internationally over the past five year, yet successive reports have highlighted an ineffective police response and a lack of support for victims; Portsmouth University Lecturer Paul Gilmour, a former police detective, examines why financial crimes are often the ‘poor relation’ when it comes to police investigation, and what can be done to address the challenges.

Feature: Urgent changes need to be implemented to fraud investigations to improve the level of service to victims, according to HMICFRS. Policing Insight Deputy Editor Sarah Gibbons looks at the recommendations to make this area of crime a higher priority.

ANALYSIS: COVID-19 has seen fraudsters taking advantage of the pandemic economy, and Africa has not escaped the attentions of those intent on fraud; Research Associate Nataliya Mykhalchenko and Lecturer Jörg Wiegratz, both of the University of Leeds, set out some of the key findings from their latest research into the responses to fraud, and the major characteristics of anti-fraud measures, across 11 African countries.

ANALYSIS: While many businesses and communities struggled to overcome the challenges presented by the pandemic, COVID-19 also offered opportunities for fraudsters and cybercriminals to target both vulnerable individuals and financial support packages offered by governments around the world; Policing Insight’s Andy Staniforth looks at some of the steps being taken – and the early successes – in the fight against COVID-19 fraud.

OPINION: Consumer fraud is a high-volume and seemingly ever-growing area of crime, yet only 15% of frauds are reported to police each year; David Geere, Chris Oxborough and Esther Paterson of professional services firm PwC believe that better use of technology and increased co-operation and collaboration with the private sector are the key to tackling this complex and often international crime.

FEATURE: The various COVID-19 lockdowns have prompted criminal activity to move increasingly online, with illicit financial transactions following suit; ahead of next week’s We Fight Fraud online conference, Dr Nicola Harding outlines the findings of a new white paper which reveal how low-level criminal commerce is increasingly becoming part of the cashless society.

ADVERTISEMENT FEATURE: We Fight Fraud Live 2021, proudly supported by LexisNexis Risk Solutions and media partner Policing Insight, is the only live global event which helps you understand the criminals who threaten businesses. The event takes place on 28th April 2021 - be sure to register your place today.

ANALYSIS: The criminal use and manipulation of cryptocurrencies has been a growing threat over recent years, brought into sharper focus by the financial disruption of the pandemic; Eray Arda Akartuna of the Jill Dando Institute of Security and Crime Science at UCL highlights some of the key emerging risks and trends, as well as the steps to be taken to tackle them.

UCL COVID-19 SERIES: One response to the COVID-19 pandemic has been the encouragement of more contactless payment, and with it the increases in transaction limits; but in this latest article from the UCL COVID-19 series, Professor Graham Farrell (University of Leeds) and Professor Nick Tilley (UCL) warn that such moves could lead to a rise in thefts of credit and debit cards and have a lasting effect on crime rates.

Analysis: Amid concerns that rising levels of large scale VAT fraud now represent a national security threat, Andrew Staniforth examines how new working arrangements between the European Public Prosecutor’s Office (EPPO) and Europol will be vital in ensuring that essential information sharing mechanisms are in place for effective investigations.

OPINION: Only 3% of the estimated 3.8 million UK fraud offences in 2019 resulted in a prosecution, and the pandemic has presented fraudsters with the perfect climate to carry out more crimes; Waheed Saleem, Deputy Police and Crime Commissioner in the West Midlands, believes an overhaul of fraud reporting and a new coordinated policing response are crucial to fighting the fraudsters.

UCL COVID-19 SERIES: In this latest in the series of COVID-19 briefing papers published by UCL’s Jill Dando Institute, Professor Martin Gill of Perpetuity Research and Consultancy International looks at the potential frauds emerging from the pandemic, and what the public, businesses and law enforcement agencies can do to deter the fraudsters.

ANALYSIS: Counterfeiting is now a global problem accounting for more than three per cent of world trade, securing profits for criminals and in some cases putting consumers’ health at risk; in this briefing paper published by the UK’s Dawes Centre for Future Crime at UCL, Dr Chiaki Crews, Prof Robert Speller and Dr Rob Moss set out some of the sector challenges in tackling counterfeiting, and highlight the key questions for policy makers.