In April 2019 Her Majesty’s Inspectorate of Constabulary and Fire & Rescue Services published a report (click here to see report) about the fight against fraud in the UK. Research shows that the problem of insufficient support for victims of fraud affects many cases in the UK. Investigations are slow and ineffective. It can be said that other countries may have similar problems.
Some police forces are looking for reasons why anti-fraud investigations should not be carried out, exposing the public to a high risk of fraud. A lot of times financial crime is not a priority.
The inspectors during research visited 11 armed forces, as well as other agencies that help in the fight against fraud. One of them submitted 96% of the cases they received from the National Intelligence Office without further investigation, although in some cases the inspectors found good evidence, including suspects.
If there is an excuse not to investigate the case, they are applied immediately. Problems arise at all levels, including the quality of case handling, unnecessary delays and a lack of proactive focus on fraudsters. Sometimes some victims receive misleading advice on whether or how their case will be dealt with. The report concludes that arms-related crimes, child sexual abuse and drug supply are more likely to be prioritised.
It should be remembered that such an investigation is often not a priority, because people do not report it and it is difficult to prove. In addition, it takes time, resources and money to work on such an investigation. Also, many people do not know how to handle such a case.
However, fraud can cause significant psychological and emotional harm, stressing that some victims have reported the loss of their entire life savings. This can cause psychological as well as financial problems and if the situation does not change the fraudsters will feel even more impunity.