NFIB ‘hub’ swings into action
On June 16th one of the most advanced police intelligence systems in the world will be switched on at the City of London Police.
After months of development and exhaustive testing the NFIB ‘hub’ is ready to provide a new dimension to fraud investigation.
The technical solution can now analyse millions of unconnected reports of fraud and identify criminal networks stretching across the country.
A 50-strong NFIB team, housed at the force’s Economic Crime Directorate, will be using these networks to produce intelligence packages that will help police forces catch serial fraudsters operating in their patch.
Police officers and analysts will be assisted in this work by secondees provided by supporters of the project, such as the SFO, FSA, SRA and CIFAS.
Intelligence from the NFIB ‘hub’ will also be used to create a better picture of the nature of fraud offending, and to help the public and private sector become more resistant to fraud.
The creation of an operational NFIB marks a significant moment for all those involved in the project.
But the Commissioner of the City of London Police, Mike Bowron says there is no time for anyone to down tools and draw breathe.
Commissioner Bowron, said:
“It has been a big achievement to bring together law enforcement, the financial industry and the public sector to work towards a single common goal – the creation of the NFIB.
“However, the real work starts now. Fraud poses a significant threat to the UK, with billions of pounds being stolen and thousands of lives being badly damaged each year.
“It is now up to the NFIB, working with all our partners, to change the rules of engagement in favour of all those wanting to fight financial crime and help bring fraudsters to justice.”
