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Digital Identity, Security & Online Fraud

British Payment Crime Unit dismantles 13 criminal gangs in first half of 2019

Monday 12 August 2019 | 10:48 AM CET

The Dedicated Card and Payment Crime Unit (DCPCU) has dismantled 13 Organised Crime Groups (OCGs) in the first half of 2019.

This is double the number in the same period in 2018, according to the latest figures from UK Finance. In the first half of 2019, 39 fraudsters were convicted following investigations by the DCPCU and GBP 333,000 of assets were seized from criminal gangs, double the amount confiscated in the same period in 2018.

The DCPCU is a specialist police unit funded by the banking and finance industry that targets the organised criminal gangs responsible for fraud. Since it was set up in 2002, the unit has prevented or disrupted over GBP 600 million of fraud, including GBP 6.8 million in the first half of 2019.

The head of the unit has warned that criminal gangs involved in trafficking guns and drugs are increasingly turning to online fraud, and called for more action to prevent fraudsters using social media platforms to recruit young people as ‘money mules’.

More: Link
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