London Daily

Focus on the big picture.
Thursday, Nov 06, 2025

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

0:00
0:00
Close
UK Pre-Budget Blues and Rate-Cut Concerns Pile Pressure on Pound
ITV Warns of Nine-Per-Cent Drop in Q4 Advertising Revenue Amid Budget Uncertainty
National Grid Posts Slightly Stronger-Than-Expected Half-Year Profit as Regulatory Investments Drive Growth
UK Business Lobby Urges Reeves to Break Tax Pledges and Build Fiscal Headroom
UK to Launch Consultation on Stablecoin Regulation on November 10
UK Savers Rush to Withdraw Pension Cash Ahead of Budget Amid Tax-Change Fears
Massive Spoilers Emerge from MAFS UK 2025: Couple Swaps, Dating App Leaks and Reunion Bombshells
Kurdish-led Crime Network Operates UK Mini-Marts to Exploit Migrants and Sell Illicit Goods
UK Income Tax Hike Could Trigger £1 Billion Cut to Scotland’s Budget, Warns Finance Secretary
Tommy Robinson Acquitted of Terror-related Charge After Phone PIN Dispute
Boris Johnson Condemns Western Support for Hamas at Jewish Community Conference
HII Welcomes UK’s Westley Group to Strengthen AUKUS Submarine Supply Chain
Tragedy in Serbia: Coach Mladen Žižović Collapses During Match and Dies at 44
Diplo Says He Dated Katy Perry — and Justin Trudeau
Dick Cheney, Former U.S. Vice President, Dies at 84
Trump Calls Title Removal of Andrew ‘Tragic Situation’ Amid Royal Fallout
UK Bonds Rally as Chancellor Reeves Briefs Markets Ahead of November Budget
UK Report Backs Generational Smoking Ban Ahead of Tobacco & Vapes Bill Review
UK’s Domino’s Pizza Group Reports Modest Like-for-Like Sales Growth in Q3
UK Supplies Additional Storm Shadow Missiles to Ukraine as Trump Alleges Russian Underground Nuclear Tests
High-Profile Broodmare Puca Sells for Five Million Dollars at Fasig-Tipton ‘Night of the Stars’
Wilt Chamberlain’s One-of-a-Kind ‘Searcher 1’ Supercar Heads to Auction
Erling Haaland’s Remarkable Run: 13 Premier League Goals in 10 Matches and Eyes on History
UK Labour Peer Warns of Emerging ‘Constituency for Hating Jews’ in Britain
UK Home Secretary Admits Loss of Border Control, Warns Public Trust at Risk
President Trump Expresses Sympathy for UK Royal Family After Title Stripping of Prince Andrew
Former Prince Andrew to Lose His Last Military Title as King Charles Moves to End His Public Role
King Charles Relocates Andrew to Sandringham Estate and Strips Titles Amid Epstein Fallout
Two Arrested After Mass Stabbing on UK Train Leaves Ten Hospitalised
Glamour UK Says ‘Stay Mad Jo x’ After Really Big Rowling Backlash
Former Prince Prince Andrew Faces Possible U.S. Congressional Appearance Over Jeffrey Epstein Inquiry
UK Faces £20 Billion Productivity Shortfall as Brexit’s Impact Deepens
UK Chancellor Rachel Reeves Eyes New Council-Tax Bands for High-Value Homes
UK Braces for Major Storm with Snow, Heavy Rain and Winds as High as 769 Miles Wide
U.S. Secures Key Southeast Asia Agreements to Reshape Rare Earth Supply Chains
US and China Agree One-Year Trade Truce After Trump-Xi Talks
BYD Profit Falls 33 % as Chinese EV Maker Doubles Down on Overseas Markets
US Philanthropists Shift Hundreds of Millions to UK to Evade Regulatory Uncertainty in Trump Era
Israeli Energy Minister Delays $35 Billion Gas Export Agreement with Egypt
King Charles Strips Prince Andrew of Titles and Royal Residence
Trump–Putin Budapest Summit Cancelled After Moscow Memo Raises Conditions for Ukraine Talks
Amazon Shares Soar 11% as Cloud Business Hits Fastest Growth Since 2022
Credit Markets Flooded with More Than $200 Billion of AI-Linked Debt Issuance
U.S. Treasury Secretary Scott Bessent Says China Made 'a Real Mistake' by Threatening Rare-Earth Exports
Report Claims Nearly Two Billion Dollars in Foreign Charity Funds Flowed into U.S. Advocacy Groups
White House Refutes Reports That US Targeting Military Sites in Venezuela
Meta Seeks Dismissal of Strike 3’s $350 Million Copyright Lawsuit
Apple Exceeds Forecasts With $102.5 Billion Q3 Revenue Despite iPhone Miss
Israel's IDF Major General Yifat Tomer-Yerushalmi Admits to Act Amounting to Aiding Hamas During Wartime (Treason)
Shawbrook IPO Marks London’s Biggest UK Listing in Two Years
×