The UK government formally launched an updated national Fraud Strategy under the leadership of Home Office Minister David Hanson. Tasked with revising the approach after the July 2024 election, Hanson emphasized partnerships with the private sector, banks, and City of London Police to adapt to evolving fraud threats. This new strategy follows 18 months of development and aims to strengthen fraud prevention, detection, and enforcement capabilities nationwide. It targets various forms of financial fraud that impact individuals, businesses, and the broader economy. By enhancing cooperation between government agencies and industry, the initiative seeks to close enforcement gaps and respond more... [Continue Reading]