The boss of a small business that had £1.6m stolen in a matter of minutes through fraud has strongly criticised the response from the authorities.
An employee at Steve Wright’s firm, Kent Brushes, was tricked into giving thieves access to the company account.
Mr Wright said the case had been handled “appallingly” by both his bank and Action Fraud.
Mr Wright said the case had been handled “appallingly” by both his bank and Action Fraud.
Adrian Searle, the director of the National Economic Crime Centre, said while the maximum sentence for fraud is currently 10 years, the average sentence is around two years and even in the most serious cases is still only four years.
“We support longer sentences for the frauds that are causing the highest harm,” he told the BBC.
“In particular we’re keen that the emotional impact of fraud is taken into consideration.”
In the year to March 2023 the Home Office recorded 1.25 million cases of fraud. Of those cases around 4% were investigated with just over 4,000 ending up in court.
The boss of a small business that had £1.6m stolen in a matter of minutes through fraud has strongly criticised the response from the authorities.
Mr Wright said the case had been handled “appallingly” by both his bank and Action Fraud.
An employee at Steve Wright’s firm, Kent Brushes, was tricked into giving thieves access to the company account.
Adrian Searle, the director of the National Economic Crime Centre, said while the maximum sentence for fraud is currently 10 years, the average sentence is around two years and even in the most serious cases is still only four years.
Mr Wright said the case had been handled “appallingly” by both his bank and Action Fraud.
Mr Wright said the case had been handled “appallingly” by both his bank and Action Fraud.
Adrian Searle, the director of the National Economic Crime Centre, said while the maximum sentence for fraud is currently 10 years, the average sentence is around two years and even in the most serious cases is still only four years.
“We support longer sentences for the frauds that are causing the highest harm,” he told the BBC.
“In particular we’re keen that the emotional impact of fraud is taken into consideration.”
In the year to March 2023 the Home Office recorded 1.25 million cases of fraud. Of those cases around 4% were investigated with just over 4,000 ending up in court.
#039My #business #1.6m #stolen #minutes039
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