Banks: Forgery

Lord Foulkes of Cumnock Excerpts

Thursday 30th June 2022 Lords Chamber

[Lord Sharpe of Epsom (Con)]

My Lords, the noble Baroness is referring to Action Fraud, which is receiving some funding—but the money is ring-fenced from another source. I cannot find the precise reference to it now, but I will write to her with the details. However, it is not from Lloyds Bank directly.

[Lord Foulkes of Cumnock (Lab Co-op)]

My Lords, what additional action have the Government taken since the noble Lord, Lord Agnew, resigned, saying that he could no longer defend the Government’s action on fraud?

[Lord Sharpe of Epsom (Con)]

My Lords, that was a completely different case, of course. But we are doing a number of things, as the noble Lord, Lord Foulkes, will be aware. Some of this is legislative and some of it is to do with the various taskforces and strategies that I highlighted to some extent earlier. A Joint Fraud Taskforce was set up in October 2021.