Beautiful Virgin Islands

Monday, Mar 30, 2026

UK: Bank-funded police arrest 122 fraudsters

UK: Bank-funded police arrest 122 fraudsters

A specialist policing unit funded by banks arrested 122 fraudsters last year amid a huge rise in money launderers using members of the public as so-called “money mules”.
The Dedicated Card and Payment Crime Unit (DCPCU) recovered 18,175 credit card numbers and seized £2.6 million of assets in 2020 by targeting organised criminal gangs responsible for the vast amount of fraud in the UK. The total was £1 million more than had been seized the previous year.

Last year the unit’s investigations led to 54 criminals being jailed for fraud, figures handed to The Times reveal.

Police said that the most prevalent scams had accelerated since the pandemic as fraudsters took advantage of more people being at home and online.

Fraudsters tried to scam millions of pounds out of the public by offering to sell Covid-19 vaccines, fake investment schemes, romance scams and parcel delivery frauds.

More than 700 social media accounts linked to fraudulent activity were taken down. Some 250 of these were money mule recruiters — a form of money laundering whereby criminals offer members of the public commission if they agree to have cash transferred through their bank accounts. If the person facilitating the transfer does so knowingly it is criminal, but many do it unwittingly, believing it is an investment.

The specialist fraud unit is investigating more than 150 live cases, including dozens of scams relating to the coronavirus vaccine.

Two cases are due for trial in the coming weeks involving defendants accused of sending fake texts pretending to be from the NHS, which claimed that the recipient was eligible to receive a coronavirus jab in an attempt to steal their data and bank details.

The DCPCU is formed of officers from the City of London police and Metropolitan Police and support staff from UK Finance, the trade association for the banking and financial industry. It says that its officers prevented almost £20 million of fraud last year.

Police say the most prevalent scams involve con artists using the Covid-19 vaccine as bait, offering to sell jabs and sending text messages, emails and cold calling elderly and vulnerable people to harvest personal and financial information.

Criminal gangs have also flooded social media advertising fake investment opportunities and encouraging members of the public to “take advantage of the financial downturn”. Bitcoin platforms are using emails and adverts on social media sites to encourage unsuspecting victims to put money into fraudulent investment companies using fake websites.

Romance scams have also been rife during the pandemic with more people logging on to dating apps and websites. Criminals exploit them to dupe people into sending money, convincing them they are in genuine relationships and claiming they need money for emergency medical care and transport costs.

There has also been a surge in parcel delivery scams whereby fraudsters pose as delivery companies, sending out phishing emails claiming to be from well-known courier companies that claim they have been unable to deliver parcels and asking victims to pay a fee to rearrange delivery.

In March last year eight criminals who scammed businesses, councils and charities out of £750,000 were jailed for a total of 24 years. At Inner London crown court the ringleader, Patson Mupinyuri, then 37, of Northampton, was jailed for six years. He would target an organisation, gather its banking information, then pass the details to two associates who would produce counterfeit cheques. They would give them to five others who presented them at bank branches across the country.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
BBC Faces Scrutiny Over Allegations of Paid Content Linked to Saudi Arabia
UK-France Coastal Patrol Agreement Nears Breakdown Amid Migration Pressures
UK Police Detain Pro-Palestine Activist Again Weeks After Bail Release
FTSE 100 Advances as Energy and Mining Shares Gain Amid Middle East Tensions
Eli Lilly Seeks UK Pricing Deal to Unlock Renewed Pharmaceutical Investment
Three Arrested in UK After Massive Cocaine Haul Discovered Hidden in Banana Shipment
UK Fuel Prices Poised for Further Surge Amid Global Energy Pressures
Apple Subsidiary Penalized by UK Authorities for Breach of Moscow Sanctions
Western Allies Intensify Coordinated Sanctions Strategy Against Russia
UK Lawmakers Face Criticism Over Renewed Push for Social Media Restrictions
Starmer Signals UK Crackdown on Addictive Social Media Features
Rising Costs Push One in Five UK Hospitality Businesses to the Brink of Closure
Man Arrested on Suspicion of Attempted Murder After Car Strikes Pedestrians in UK, Injuring Seven
Escalating Conflict Involving Iran Tightens Fiscal Pressures and Highlights UK Economic Vulnerabilities
UK Moves to Confront Russian ‘Shadow Fleet’ Operating in Its Waters
UK Housing Divide Deepens as Older Owners Hold Wealth While Under-30s Face Mounting Barriers
London Demonstration Calls on UK to Recognize Iranian Opposition’s Provisional Government
UK Green Party Vote on ‘Zionism is Racism’ Motion Collapses Amid Internal Disputes and Technical Failures
SNL UK Ignites Debate with Sharp Royal Satire Targeting Prince Andrew and Prince William
EU Proposes ‘Emergency Brake’ to Resolve Deadlock in UK Youth Mobility Talks
Thousands Rally in London to Oppose Rise of Far-Right Movements
Hong Kong Official Rejects Allegations of Surveillance Orders Targeting UK-Based Dissidents
PayPal Expands Cryptocurrency Services to Allow UK Users to Buy and Sell Bitcoin
UK Minister Challenges Reform Party’s ‘Pro-Family’ Agenda as Debate Intensifies
Concerns Grow Over Meningitis Risk Among UK Students Amid Warning Signs of New Outbreaks
Japanese Grand Prix 2026: Schedule, UK Start Times and Full Broadcast Details
Electric Vehicles Seen as Strategic Solution to UK Fuel Reserve Concerns
Rise of Lone-Actor Threats and Online Radicalisation Drives New Wave of Antisemitic Attacks in the UK
Canada Advances Plan to Ban Cryptocurrency Donations in Election Campaigns
UK Faces Looming Medicine Shortages as Iran Conflict Threatens Supply Chains
Deadly Meningitis Outbreak in the U.K. Highlights Urgent Need for Vaccination
Fresh Claims Emerge Over Harry and Meghan’s Australia Visit as Insider Speaks Out
NATO Assessment Indicates UK Defence Spending Has Fallen Below Alliance Average
FTSE 100 Slips as Middle East Tensions Weigh on Investor Sentiment
UK Economy Begins to Feel Early Impact of Iran Conflict as Policy Challenges Intensify
Russian National Jailed in UK After Assault Case Linked to Barron Trump’s Alert
Energy Price Surge Accelerates Shift Away from Fossil Fuels in UK Homes
UK Museums House More Than 260,000 Human Remains, New Report Reveals
Surging UK Gilt Yields Reflect Inflation Pressures and Fiscal Uncertainty
UK Issues Updated Guidance on Children’s Screen Time with Focus on Balance and Wellbeing
UK Migration Figures Show Shifting Trends Across Asylum, Visas and Channel Crossings
UK Watchdog Launches Probe into Five Firms Over Alleged Fake Reviews and Ratings
Jaguar Land Rover Halts Production at UK Plant Amid Supplier Disruption
UK Police Reverse Position, Confirm Arrests Will Resume for Palestine Action Protests
UK Small Businesses Face Europe’s Steepest Cost Pressures, New Survey Reveals
US Envoy Urges UK to Proceed with King’s Visit Amid Diplomatic Sensitivities
FTSE 100 Drops Over One Percent as Middle East Tensions Weigh on Markets
UK CO2 Plant Set to Reopen as Authorities Move to Safeguard Supplies Amid Middle East Tensions
Trump Urges Stronger Defence Investment as He Questions Allied Naval Capabilities
New COVID Variant Detected in UK Raises Concerns Over Vaccine Effectiveness
×