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New fraud taskforce should focus on businesses, says FSB PDF Print E-mail
Thursday, 11 February 2016

Commenting on the Home Secretary, Theresa May’s announcement of a new Joint Fraud Taskforce that will consist of the City of London Police, National Crime Agency, Financial Fraud Action UK, Cifas, Bank of England and CEOs of major banks, Sandra Dexter, National Vice Chairman for the Federation of Small Businesses, said: “While any bid to address the increasing levels of fraud is welcome, we urge the taskforce to put fraud against businesses at the heart of its work. Currently the capacity of law enforcement to effectively deal with fraud lags a long way behind the scale of the crime. Improving this will boost security and peace of mind for small firms and, in doing so, allow them to concentrate on growing their business.

“A national top-down approach will not work in isolation. FSB members call on candidates for Police and Crime Commissioners standing in elections across England in May to make fraud and business crime a central part of their plans to fight crime in their areas. Small businesses have a part to play too. We would encourage smaller firms to always report crime to the police as under-reporting and under-recording of evidence prevents a complete picture, and hinders the right policy solutions being identified.”

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