News

U.K. officials aim to bolster the ranks of the National Crime Agency, Crown Prosecution Service, HM Revenue & Customs, Serious Fraud Office and other agencies with 475 specialist investigators and prosecutors over the next three years to tackle illicit finance. The recruitment drive, which officials disclosed Thursday in a 90-page report on their strategy for tackling fraud, money laundering and sanctions evasion through 2026, will lead to "more cases investigated, more criminals prosecuted" and an additional £1 billion of criminal assets confiscated over the next decade. But critics immediately pointed out that the government may struggle to implement the strategy...