Fintech

City police force offered training to tackle crypto fraud

Criminals have identified cryptocurrencies as a ‘new way of defrauding people’, police warn

Friday 20 July 2018 at 08:26

City police force offered training to tackle crypto fraud

Police in the Square Mile are being trained to investigate the criminal use of cryptocurrencies, amid a surge in interest in digital money and widespread concern about its vulnerability to fraudsters and money launderers.

The City of London Police has launched a one-day training course to teach police officers about how criminals might use cryptocurrencies, as well as how to trace and recover such assets.