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International ministers signed a groundbreaking agreement to combat fraud, allowing global law enforcement agencies access to enhanced intelligence. Over 200 representatives from banking and tech sectors participated in the agreement involving 11 countries. The UK emphasized the need for allies to fight overseas fraud targeting the country, forming partnerships with agencies like the NCA and FBI to protect against global fraudsters.
At @CommonsHomeAffs our fraud Inquiry has shown the devastating impact fraud has on victims. 🔎The vast majority of fraud is still not reported. 👉In today’s session I asked the Minister @TomTugendhat why there are delays in updating Action Fraud ⬇ https://t.co/jIXHc6lVOP
Fraudsters around the world are targeting the UK. We’re building a coalition to take them on. This week we agreed a partnership between the NCA and the FBI. Whether through intelligence sharing or joint operations, we’re taking the fight to those who mean our countries harm. https://t.co/is6ViTBBtA
Fraud is the most prevalent crime in the UK. But 70% of it comes from overseas. That’s why our Fraud Strategy committed to enlisting the support of our allies to fight back. The work we did yesterday will protect the British people here at home. https://t.co/cjuVJiLQTg