UK Government Announces New Strategy to Targets Fraudsters

UK Passes Economic Crime and Corporate Transparency Bill

The UK government will prohibit telemarketing calls for financial products, including insurance and cryptocurrencies, to combat fraud. It also plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number “spoofing.“ The government of the United Kingdom announced its new fraud strategy and pledged 400 new positions […]