When the Home Office recently announced the closure of National Fraud Authority and that is was transferring of all its activities to National Crime Agency, www.ukfraud.co.uk is asking people to commit resources and strategies that reduce the risks associated with fraud. Some of the specific actionable points include: 1. Eliminating fraud targets In NFA’s five […]
Tag: Fraud in the UK
EU losses from fraud much greater than previously thought
The European Union is suffering losses from fraud that are vastly larger than previous reports have indicated. According to a report from the House of Lords EU sub-committee released 4/18, there are a lot of weaknesses in the EU’s anti-fraud system, and the main one is failure of member countries to take responsibility for reporting […]