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Question for Treasury

UIN HL14801, tabled on 25 March 2019

To ask Her Majesty's Government what steps they are taking to work with banks to protect UK businesses against invoice fraud.

Answered on

8 April 2019

The Government takes fraud extremely seriously and recognises the devastating impacts these crimes can have. The Government has created the Joint Fraud Taskforce, which brings together government, the banks and law enforcement to develop a collective response to fraud. The objectives of the Taskforce are to protect the public and businesses from fraud, reduce the impact of fraud on victims, and increase the disruption and prosecution of fraudsters.It has also been made easier to report fraud to law enforcement. Action Fraud is the UK’s reporting centre for fraud and cybercrime, providing a central point of contact for information about fraud and financially motivated internet crime.

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