UK REPORT: BARRIERS TO POLICING FINANCIAL CRIME

On 1 December, Professional Security Magazine reported research from the Institute of Criminal Justice Studies at the University of Portsmouth. The ICJS asked why results of financial crime investigations vary so widely, especially when the fraud is the number 1 volume crime in the UK.  It found that most police detectives in England and Wales investigating financial crime do not have enough knowledge to build a case. It found that only 40% of investigators understood the process by which fraud is reported.  A third of those questioned said they had not received proper training in how to investigate financial crime.  There was also a poor perception of fraud and the impact on victims amongst those questioned.  It also found that, in many cases, investigators had a negative view of their work, and did not have the time, training or determination, researchers found.  Financial crime is perceived to be notoriously challenging to investigate. Investigations into less prolific, but higher profile and headline grabbing crimes are known to get better results.

https://www.professionalsecurity.co.uk/news/case-studies/barriers-to-policing-financial-crime/

The report is at –

https://academic.oup.com/policing/advance-article-abstract/doi/10.1093/police/paaa081/5998981?redirectedFrom=fulltext

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s