Anti-Financial Crime & Financial Crime Compliance
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Fraud, UK

NEWS: UK intelligence agencies clamp down on methods of fraud

By Alisha Houlihan for AMLi

British intelligence agencies will increase efforts to “identify and disrupt” overseas fraudsters as part of ministers’ push to curb financial scams, which are estimated to cost the UK around £7BN (€7.9BN) each year. 

In addition to defining plans to clamp down on scammers’ common methods of attack, the government will also unveil a national fraud strategy on Wednesday, according to The Financial Times.

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