UK Govt launches its new and expanded Fraud Strategy 2026–29, backed by £250M, with a new Online Crime Centre deploying AI detection and real-time intelligence sharing to crack down on organised fraud

The initiative will identify and shut down the infrastructure used by criminals such as fraudulent bank accounts, websites, phone numbers and social media channels, allowing authorities to block scam messages, freeze accounts and disrupt organised crime groups, particularly those operating internationally. The strategy reflects a shift toward technology-driven, cross-sector collaboration to proactively disrupt fraud and better protect victims, as fraud currently affects 1 in 14 adults and 1 in 4 businesses in the UK and costs…