A new £25 million central government taskforce that will enlist an elite team of experts to crack-down on fraudsters who attempt to steal taxpayers’ cash will be operational by the summer, the Chancellor announced this week.
The Chancellor has announced that a new fraud squad, recruited from data analytics experts and leading economic crime investigators will crack down on criminal gangs who rip off the taxpayer.
Operational in July and based in the Cabinet Office, the new £25 million “Public Sector Fraud Authority” will double funding for the Government’s central counter fraud capacity. More details of the new fraud squad will be confirmed at the first meeting of the Chancellor chaired Efficiencies and Value for Money Committee today.
Rishi Sunak will unveil the new Public Sector Fraud Authority, which will be up and running by July, doubling the Government’s central counter fraud capacity.
The new body will recruit leading data analytics experts and economic crime investigators to recover money stolen from Covid support schemes and spot suspicious companies and people seeking Government contracts. Counter fraud experts will also mount mandatory inspections on Whitehall programmes to uncover vulnerabilities.
More details can be found here: