This will be an engaging discussion on how we can start to strengthen our defences against fraud. Chaired by Dame Margaret Hodge MP, key speakers include:
Simon Fell MP, Member of Parliament for Barrow and Furness
Rob Jones, Director-General, National Economic Crime Centre - National Crime Agency
Louise Baxter MBE, Head - National Trading Standards Scams Team
Paul Monaghan, CEO - Fair Tax Foundation
In the UK there is an epidemic of fraud. Criminals and fraudsters have taken full advantage of the internet and the COVID pandemic for financial gain. Instances of fraud have exploded to make it the most commonly experienced of all crimes in Britain. In the year ending September 2021, there were over 5.1 million incidents of fraud, with it now impacting one in 15 UK citizens a year. With fewer than 20% of frauds reported, the actual figure is likely far higher. Spotlight on Corruption estimates that fraud costs the UK economy £190 billion per year, with the private sector hit hardest, losing around £140 billion. UK banks spend over £5 billion a year on fraud and financial crime prevention.
To RSVP and for access details, please contact APPG Communications Manager Laurie Woodiwiss, by email at laurie.woodiwiss@parliament.uk, or use the button below.