Another reminder: fraud risk doesn’t respect position, status, or trust.

The CPS has authorised charges against two individuals, including a former police superintendent, in connection with an alleged £720,000 investment fraud.

For the counter‑fraud community, a few reflections:

Fraud thrives on trust – perceived credibility (whether professional, personal or institutional) remains a powerful enabler

Investment scams remain high-impact – single victims can suffer significant financial harm

Position ≠ protection – governance frameworks must assume risk at every level, including senior roles

Prevention remains critical – once funds are transferred, recovery is often complex, slow and uncertain

And importantly — as the CPS emphasises — these are allegations, and all defendants are entitled to a fair trial.

The takeaway?

Strong controls and governance need to be paired with strong challenge and awareness, especially where credibility and authority are factors in decision-making.

At MFF, cases like this reinforce the importance of collaboration, intelligence sharing, and proactive prevention across both public and private sectors.

https://www.cps.gov.uk/cps/news/two-people-including-former-police-superintendent-charged-connection-ps720000-investment