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Financial Fraud Action UK
Financial Fraud Action UK (FFA UK) is the name the financial services industry uses to coordinate its fraud prevention activities. FFA UK is sponsored by the UK Cards Association for its attempts to prevent fraud on credit and debit cards and the Fraud Control Steering Group on non-cards fraud matters. They also work with the Cheque & Credit Clearing Company (C&CCC) to eliminate credit clearing and cheque fraud. The Fraud Control Steering Group is an unincorporated group of retail banking providers in the UK. In addition to devising and implementing policies, the association ensures a united industry approach to combating payment, cheque and lending fraud. Activity Financial Fraud Action UK (FFA UK) spearheads the collective fight against fraud in the UK payments industry. Working in conjunction with industry partners, government and the police, FFA UK aims to help the public and businesses to protect themselves from financial fraud. Activities undertaken by FFA UK inclu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cheque And Credit Clearing Company
The Cheque and Credit Clearing Company Limited (C&CCC) is a UK membership-based industry body whose 11 members are the UK clearing banks. The company has managed the cheque clearing system in England and Wales since 1985, in all of Great Britain since 1996 when it took over responsibility for managing the Scottish cheque clearing as well, and in the whole of the United Kingdom since the introduction of the Image Clearing System in 2019. As well as clearing cheques, the system processes the following forms of payment: banker's drafts, building society cheques, postal orders, warrants, government payable orders and traveller's cheques. The company also manages the systems for the clearing of paper bank giro credits (the credit clearing). The clearing system in Northern Ireland was formerly operated by the Belfast Bankers' Clearing Company for the four clearing banks there. History In 2009 3.5 million cheques and 360,000 paper credits passed through the British interbank cleari ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Specialist, Organised & Economic Crime Command
The Specialist, Organised & Economic Crime Command is a unit within the Gangs and Organised Crime group of Specialist Crime & Operations within London's Metropolitan Police Service. The unit's main responsibility is to both investigate and take steps to prevent fraud, along with a wide range of other fraudulent crimes which require specialist knowledge and training to investigate. The unit was previously known as the Fraud Squad, or by its previous Specialist Operations designation, SO6. History Formed in 1946, the unit was originally known as Metropolitan and City Police Fraud Department or "C6 Branch". It was the first integrated cross-border, co-operative unit set up jointly between London's two police services; the City of London Police due to their expertise in business and stock market fraud, and the Metropolitan Police with their investigative experience. The increasing complexity of business fraud as time progressed, and hence the lessened chances of securing a successfu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fraud Organizations
In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, for example by obtaining a passport, travel document, or driver's license, or mortgage fraud, where the perpetrator may attempt to qualify for a mortgage by way of false statements. Internal fraud, also known as "insider fraud", is fraud committed or attempted by someone within an organisation such as an employee. A hoax is a distinct concept that involves deliberate deception without the intention of gain or of materially damaging or depriving a victi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
