The annual report of the Dedicated Card and Payment Crime Unit (DCPCU) for the year 2023 has been released, showcasing the remarkable achievements and impact of the unit in combating card and payment fraud.
Established through a partnership between UK Finance, the City of London Police, the Metropolitan Police Service, and the Home Office, the DCPCU operates as a proactive and fully functional police unit with a national mandate to investigate, target, arrest, and prosecute individuals involved in card and payment fraud. Under the leadership of a Detective Chief Inspector, the unit comprises a dedicated team of officers and support staff who collaborate with fraud investigators from the banking industry.
Throughout 2023, the unit’s efforts resulted in the arrest or cautionary interviews of 149 individuals, with 68 offenders successfully convicted. Moreover, the team managed to recover a staggering 24,288 compromised UK card numbers from active criminal networks. This significant achievement led to the prevention of over £33 million in customer losses, highlighting the crucial role played by the DCPCU in safeguarding the financial interests of the public.
In addition to its enforcement activities, the unit also conducted over 200 educational and awareness presentations for both industry stakeholders and the general public. Furthermore, more than 17,000 individuals participated in training sessions and events organised by the DCPCU, underlining its commitment to empowering people with the knowledge and tools to protect themselves against fraudulent activities.
For a comprehensive overview of the unit’s remarkable accomplishments and detailed statistics, the full report can be accessed through the provided link.
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The year 2023 has been a testament to the unwavering dedication and effectiveness of the DCPCU in combatting card and payment fraud, and its ongoing commitment to ensuring the safety and security of financial transactions for all.