The Government has published its Economic Crime Plan for the next three years, and it is heavy in its reliance on the private sector to contribute to the fight against financial crime. The ever-evolving and clandestine nature of economic crime means it can only be combatted by harnessing the capabilities, resources, and experience of both the public and private sectors. For the first time, this plan sets out how both sectors will work together to tackle economic crime. Fraud is now one of the most common crimes in the UK, with one in fifteen people falling victim a year.

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