The City of London Police, the National Lead Force for fraud and cybercrime, had prevented nearly £750 million going into the pockets of fraudsters and secured 1000 convictions.
(Picture: Getty Images)Even in a downturn there is always someone doing well. According to an eye-catching headline on The Lawyer news website today it is going to be a “bumper year” for fraud lawyers with many of the biggest cases scheduled in London courts this year involving a crime that does not get the attention it should.
In a speech in the City last night James Thomson, who chairs the City of London Police Authority Board, made the astonishing claim that while half of all offences in England and Wales fall under “fraud and economic crime” only 2% of police funding is dedicated to tackling it.
