Only one in 700 scams results in a fraud conviction

Quilter finds convictions have slumped to their lowest level since 2007

Pedro Gonçalves
clock • 2 min read

Fraud convictions have fallen by 10% on average year-on-year since 2011 with just one in 700 incidents of fraud leading to a conviction in 2019, according to Ministry of Justice figures obtained by Quilter.

Convictions in England and Wales secured under the Fraud Act 2006 have slumped to their lowest level since 2007, according to Quilter, which received the data via a Freedom of Information (FoI) req...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Former company director pleads not guilty to pension fraud charges

Former company director pleads not guilty to pension fraud charges

Defendant charged with two counts of defrauding his workers’ pensions

Martin Richmond
clock 09 May 2024 • 1 min read
The importance of pension comms being 'private and confidential'

The importance of pension comms being 'private and confidential'

Richard Bacon and Jeremy Goodwin look at the learnings from Farley v Paymaster

Richard Bacon and Jeremy Goodwin
clock 08 May 2024 • 4 min read
Robin Ellison: Regulators and revolution

Robin Ellison: Regulators and revolution

PP’s regular columnist looks at a series of pushbacks against excessive regulation

Robin Ellison
clock 07 May 2024 • 12 min read
Trustpilot