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The changing face of fraud post-pandemic

10 February 2023 / Jack Talbot
Issue: 8012 / Categories: Opinion , Fraud , Cybercrime , Technology
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Will the UK authorities be able to lead the fight in combatting the fraud epidemic? Not without greater funding & better resources, says Jack Talbot

As the world emerges from the long shadow of COVID-19, like many countries, the UK is grappling to contain an upward trend in fraud. By its very nature, fraud is a shapeshifting creature of its time, and those committing it are almost endlessly adaptable in their ability to exploit new technology. Against a backdrop of high-profile ‘show’ trials, one might question whether the fight against fraud is really being won, as it is now the most commonly experienced crime in England and Wales.

So often, fraud is wrongly thought of as a ‘victimless’ crime. The findings in the ‘Fraud and the Justice System’ report produced in October 2022 by the House of Commons Justice Committee are arresting: beyond the economic cost, it has become the most commonly experienced crime in England and Wales, now accounting for more than 40% of all recorded crime.

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NEWS
The landmark Supreme Court’s decision in Johnson v FirstRand Bank Ltd—along with Rukhadze v Recovery Partners—redefine fiduciary duties in commercial fraud. Writing in NLJ this week, Mary Young of Kingsley Napley analyses the implications of the rulings
Barristers Ben Keith of 5 St Andrew’s Hill and Rhys Davies of Temple Garden Chambers use the arrest of Simon Leviev—the so-called Tinder Swindler—to explore the realities of Interpol red notices, in this week's NLJ
Mazur v Charles Russell Speechlys [2025] has upended assumptions about who may conduct litigation, warn Kevin Latham and Fraser Barnstaple of Kings Chambers in this week's NLJ. But is it as catastrophic as first feared?
Lord Sales has been appointed to become the Deputy President of the Supreme Court after Lord Hodge retires at the end of the year
Limited liability partnerships (LLPs) are reportedly in the firing line in Chancellor Rachel Reeves upcoming Autumn budget
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