Analysis, Regulation & Supervision

Soaring UK fraud propels government action

By Ellesheva Kissin
UK fraud

“It’s mentally and emotionally consuming,” Askar Bulegenov tells Banking Risk & Regulation, days after his company’s bank account was virtually wiped clean of more than £18,000. 

His start-up, Grocemania, valued at £2.4m in 2021, was left with £35 in its account, leaving him unable to pay his staff, ...

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