Government cracks down on fraud with new taskforce

The government has announced the launch of a new 'fraud squad' to crack down on criminal gangs involved in stealing taxpayer money.

The £25 million central government taskforce, based in the Cabinet Office, will be made up of analytics experts and crime investigators and is set to be operational by the summer.

The experts are being recruited to help recover money stolen from Covid support schemes and “spot suspicious companies and people seeking government contracts”.

Mandatory inspections on Whitehall programmes will also be carried out by counter fraud experts to unearth any vulnerabilities.

“We will chase down fraudsters who rip off the taxpayer,” said chancellor Rishi Sunak. “This elite fraud squad, backed by £25 million, will ensure the latest counter fraud techniques are being used to track down these criminals.

“People are rightly furious that fraudsters took advantage of our vital Covid support schemes, and we are acting to make sure they pay the price.”

    Share Story:

Recent Stories


Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.

Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.

Beyond compliance: Transforming document management into a strategic advantage for financial institutions
In this exclusive fireside chat, John Rockliffe, Pre-Sales Manager at d.velop, discusses the findings of Adapting to a Digital-Native World: Financial Services Document Management Beyond 2025 and explores how FSIs can turn document workflows into a competitive advantage.

Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.