Combatting financial crime: City of London Police Partnership extended
Hundreds of arrests and over £200,000 returned to romance fraud victims
Our contribution of £1.5 million over a three-year period has supported the set-up of a new operations unit in London for the control and coordination of fraud operations. Our funding has also enabled the expansion of the CoLP’s Intelligence Development team (IDT), who have successfully undertaken over 350 new investigations and made 220 arrests in relation to courier fraud alone, as recognised and praised by the Security Minister.
The expansion of the CoLP’s IDT has made it possible for more intelligence officers to join the unit and to develop and share actionable fraud intelligence across law enforcement. This has produced a more focused and consistent approach to fraud across mainstream policing, which has led to numerous key arrests of individuals involved in serious and organised crime. The IDT is now seen across the industry as a leading real time intelligence team who coordinate counter fraud activity across UK policing.
Our contribution of
over a three-year period has supported the set-up of a new operations unit in London
Through collaboration with UK police and international law enforcement we have helped make significant headway in tackling romance fraud, which has a devastating impact on victims’ lives. A sub partnership with the Ghanaian authorities, an area where organised crime gangs facilitate romance fraud, has helped return over £200,000 back to victims in the UK. Many arrests have been made with significant disruption to criminal gang activity.
Together with the CoLP, we have worked with the dating industry to identify and remove over 650 fake profiles on dating sites, preventing close to 20,000 users of the dating public from being scammed. Victim care units are being set up across police regions and safeguarding has been put in place to help hundreds of vulnerable and distressed people impacted by this cruel crime.
Skills to stop fraud and scams
Fraud training has been a key priority for the partnership and a new online learning platform has been created, offering advanced fraud and cyber education courses to give mainstream police greater opportunity for fraud investigation training, and to keep abreast of new and emerging fraud techniques. The courses have been rolled out to over 7,000 police officers, helping develop their skills, and enabling them to better detect and respond to fraud.
The rise of social media use means that fraud prevention education has never been more important, particularly for primary school aged pupils who are exploring the online world at an early age. Leveraging our expertise, we jointly developed the ‘Cyber Detectives’ education programme which now forms part of the PSHE (Personal Social Health and Economics) element of the national curriculum in England.
The courses have been rolled out to over
Sessions have been taught to over 350 primary school age children across three counties, following online trials with Lloyds Banking Group colleagues and their children during the national lockdown. More than 3,000 schools in England are now using the learning programme and work is underway to extend it into Wales and Scotland later this year, helping these children to develop the skills needed to stay safe online and protect their personal information.
"There is a need to share more intelligence and data across public and private organisations."
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Protecting our customers from fraud
Helping keep our customers’ money safe is a top priority at Lloyds Banking Group. We invest tens of millions of pounds every year in the latest technology to protect our customers from fraud.