Source · Select Committees · Justice Committee
Recommendation 16
16
Accepted
Preventing fraud should be paramount, alongside maximising asset recovery for victims.
Conclusion
We are wary of placing too great an emphasis on the compensation of victims. We do not want to give criminals carte blanche to commit their crimes just because victims can be reimbursed, since their crimes will continue to have a significant financial impact on the UK economy, as well as millions of banking customers, even if these losses are not borne by the defrauded individuals directly. The main focus should be on ensuring these crimes are prevented where possible; however, Fraud and the Justice System 39 maximising the recovery of assets for victim compensation should be a priority for investigatory bodies once they become aware of a crime having taken place. (Paragraph 57) Investigating Fraud
Government response summary AI-generated
The government agreed on the importance of further charters and committed to the Home Office launching a tech and online charter with industry next year to drive down fraud and improve collaborative working.
Government Response
The government responded to this report on 11 January 2023. No passage in that response could be matched to this conclusion. Read the response document ↗