Soaring UK fraud propels government action
By Ellesheva KissinApril 10, 2024
“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, ...
Already a subscriber? Log In
Read Next:
October 12, 2023
UK’s new fincrime law is a start, now banks need to step up
Building a fincrime-averse culture is key to tackling rising crime. Outsourcing is not the answer.
Read more