A groundbreaking report by Perpetuity Research and the Centre for Cybercrime and Economic Crime at the University of Portsmouth has uncovered a critical oversight in the fight against economic crime. Despite soaring levels of these offences, police forces are not fully utilising the vast resources and expertise available in the private and not-for-profit sectors. Even with significant underreporting, the volume of offences has placed a strain on police resources and this has served to undermine the ability of law enforcement to respond effectively. Meanwhile, parts of the private and not-for profit sectors dedicate significant resources to combatting economic crime. Banks and insurance companies for example, employ thousands of staff in antifraud roles. This expertise is largely invisible to the police, representing a massive, wasted opportunity.

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