Fraud Intelligence

Britain's ministry of defence (MoD) has a woeful record in fighting fraud within its UK£60.2 billion (USD82.3 million) annual spending, notably the UK£40 billion (US$54.7 billion) procurement budget.

Bank and credit card account fraud rose 19% year-on-year in the UK in the 12 months to September 2025, while overall fraud levels remained stable, according to new Crime Survey for England and Wales (CSEW) data.

The former Premier of the Turks & Caicos Islands and two co-defendants have been found guilty on a string of corruption charges, bringing a decade-long case to a close.

Deepfake-enabled fraud using images generated by artificial intelligence (AI) is now a "default business model", according to the latest report from the AI Incident Database (AIID), a US-based information resource.