Fraud convictions slump as cases soar 48%

clock • 2 min read
Fraud convictions slump as cases soar 48%

Convictions in England and Wales secured under the Fraud Act 2006 have slumped to their lowest level since 2007 with just one in 700 incidents of fraud convicted in 2019. New data received by wealth manager, Quilter, through Freedom of Information requests reveals that fraud convictions have fallen by 10% on average year-on-year since 2011 to reach levels not seen since the Act was first introduced. This is despite the fact that financial investment fraud recorded by Action Fraud has i...

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