International Fraud Awareness Week
With the growth of the internet fraud has changed from a corporate white-collar crime to a volume crime affecting millions of victims. Fraud is often complex to investigate and the offender and victim may live in different police forces or even different countries. But we found it is far from a victimless crime, and even if the prospect of a conviction is unlikely the police could provide a much better service to the victim.
This report aims to better understand how insurance fraudsters approach their offending and to generate insights on the strengths and weaknesses of insurance fraud prevention approaches.
The Trial attempted to break new ground by focussing on the use of restorative justice with insurance fraudsters. The project was based on engaging low-level offenders, with no previous convictions who admitted their offence.
We know that fraud, particularly online fraud, is the new volume crime. Our research shows that organised crime groups play a much larger role in fraud than has previously been estimated and that fraud linked to organised crime causes much more harm than other types of fraud.
An aspect of fraud that has received relatively little coverage and yet appears to be on the rise is food fraud. This includes products that are deliberately diluted, mislabelled or misrepresented, tampered with, or substituted with another product.
A story from a fraud victim and a look at how banks sometimes react to victims of vishing frauds.