UK POLICE/FINANCE UNIT PREVENTED GBP94.5 MILLION IN FRAUD IN 2018 RECORD YEAR
February 1st, 2019
The UK’s Dedicated Card and Payment Crime Unit (DCPCU), which is funded by the financial services industry, prevented GBP94.5 million (USD123.4 million) in fraud last year. The record 2018 figures bring to GBP600 million (USD783 million) the total amount of fraud that the specialist police unit, has successfully prevented since it was set up in April 2002, linking officers from the City of London and Metropolitan Police, with bank investigators and staff from UK Finance, a British banking and financial services association. The DCPCU also brought down 11 ...
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