Parliamentary Search

Written question asked by Luke Taylor (Liberal Democrat) on Thursday, 5 June 2025, in the House of Commons. It was due for an answer on Monday, 9 June 2025. It was answered by Dan Jarvis (Labour) on Thursday, 12 June 2025 on behalf of the Home Office.

Action Fraud

Question

To ask the Secretary of State for the Home Department, whether she has had discussions with Action Fraud on (a) proposals for crypto asset rules and (b) support for investigations into scams.

Answer

We are replacing the current Action Fraud service with a new, improved service. The new service will provide better support services and reporting tools for victims, provide greater intelligence to law enforcement to support investigations, and allow for greater prevention and disruption at scale.

A phased introduction of the new service is now underway and will continue throughout 2025. Changes have already been made to improve the analysis of reports, the quality of intelligence drawn from them, and how quickly this is sent to police forces for investigation.

The new service has been designed to recognise crypto currency as both an enabler of frauds, such as investment fraud, and an enabler to the cashing out mechanism to realise the benefits of the criminal activity. This will ensure accurate reporting and deliver a greater understanding of the threat posed by crypto currency and how to tackle it more effectively.

Secondary information

Type
Written question
Reference
57792
Session
2024-26
Transferred
Yes
Subjects
Criminal investigation Fraud Action Fraud Cryptoassets
Link
View this Written question on www.parliament.uk