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A report from anti-graft charity Spotlight on Corruption says economic crime in the U.K. ends up costing the government hundreds of times more than the government spends fighting it, according to a Financial Times report Sunday Jan. 23 .The Spotlight on Cor <a href=https://www.stanleycups.pl>stanley polska</a> ruption report goes on to say there should be a new fund to help out with budget cuts.The report says the U.K. government spends 拢825 million $1.1 billion on the budgets every year for national agencies fighting economic crime. However, this pales in estimation to the 拢190 billion $258 billion lost to fraud and the 拢100 billion $135.6 billion spent fighting money laundering.The authorities seemed to be overstretched and outgunned by criminals.According to Spotlight, the problem comes down to the fact that the money given to government fighting of fraud came out to 0.09% of the government spending, while the money lost from those crimes ended up c <a href=https://www.stanley-germany.de>stanley cup</a> oming out to 14.5% of the gross domestic product.Susan Hawley, executive director for Spotlight, said the U.K. government needs to make a new central economic crime fighting fund, which would come through reinvesting some of the revenue from law enforcement back into the work. Wi <a href=https://www.stanleycups.pl>stanley termos</a> th law enforcement so under resourced and the costs of economic crime so high, this should be a no brainer, Hawley said, per the FT report.Recently, the U.K.s Financial Conduct Authority FCA took fraud fighting in a different direction, rolling out an anti fraud jingle over the holidays. It w Kekn Senator Warns Tech Breakup Opens Door To China
Sweden-based <a href=https://www.cup-stanley-cup.pl>stanley cup</a> iZettle has capped off the series C investmen <a href=https://www.stanley-cup.us>stanley mugs</a> t round it first kicked off in May 2014 with an additional pick-up of $6.8 million, brining total round investment to to $61.2 million.聽 To date, the company has raised a little under $120 million total.The latest investment comes from Hasso Plattner Ventures.There is no question that iZettle is already an international leader in mobile payments, and has the vision and viable business model to change an essential piece of the financial services industry, said Hasso Plattner Ventures Partner, Shmuel Chafets, in a released statement.iZettle, like its American counterpart Square, allows business to turn smartphones and tab <a href=https://www.stanleycups.us>stanley shop</a> lets into cash registers that are uniquely chip and pin compliant .Hasso Plattner Ventures ; contribution to our Series C is another vote of confidence, said Jacob de Geer, iZettle co-founder and CEO. The additional capital further ensures that we can financially execute on our business plan and the experience and know-how they bring is guaranteed to be invaluable.iZettle has recently become available on this side of the Atlantic, launching in Mexico and Brazil earlier this year.聽 The two Latin American countries join iZettle using countries the U.K., Spain, Germany, Sweden, Denmark, Norway and Finland. Whats Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.
A report from anti-graft charity Spotlight on Corruption says economic crime in the U.K. ends up costing the government hundreds of times more than the government spends fighting it, according to a Financial Times report Sunday Jan. 23 .The Spotlight on Cor <a href=https://www.stanleycups.pl>stanley polska</a> ruption report goes on to say there should be a new fund to help out with budget cuts.The report says the U.K. government spends 拢825 million $1.1 billion on the budgets every year for national agencies fighting economic crime. However, this pales in estimation to the 拢190 billion $258 billion lost to fraud and the 拢100 billion $135.6 billion spent fighting money laundering.The authorities seemed to be overstretched and outgunned by criminals.According to Spotlight, the problem comes down to the fact that the money given to government fighting of fraud came out to 0.09% of the government spending, while the money lost from those crimes ended up c <a href=https://www.stanley-germany.de>stanley cup</a> oming out to 14.5% of the gross domestic product.Susan Hawley, executive director for Spotlight, said the U.K. government needs to make a new central economic crime fighting fund, which would come through reinvesting some of the revenue from law enforcement back into the work. Wi <a href=https://www.stanleycups.pl>stanley termos</a> th law enforcement so under resourced and the costs of economic crime so high, this should be a no brainer, Hawley said, per the FT report.Recently, the U.K.s Financial Conduct Authority FCA took fraud fighting in a different direction, rolling out an anti fraud jingle over the holidays. It w Kekn Senator Warns Tech Breakup Opens Door To China
Sweden-based <a href=https://www.cup-stanley-cup.pl>stanley cup</a> iZettle has capped off the series C investmen <a href=https://www.stanley-cup.us>stanley mugs</a> t round it first kicked off in May 2014 with an additional pick-up of $6.8 million, brining total round investment to to $61.2 million.聽 To date, the company has raised a little under $120 million total.The latest investment comes from Hasso Plattner Ventures.There is no question that iZettle is already an international leader in mobile payments, and has the vision and viable business model to change an essential piece of the financial services industry, said Hasso Plattner Ventures Partner, Shmuel Chafets, in a released statement.iZettle, like its American counterpart Square, allows business to turn smartphones and tab <a href=https://www.stanleycups.us>stanley shop</a> lets into cash registers that are uniquely chip and pin compliant .Hasso Plattner Ventures ; contribution to our Series C is another vote of confidence, said Jacob de Geer, iZettle co-founder and CEO. The additional capital further ensures that we can financially execute on our business plan and the experience and know-how they bring is guaranteed to be invaluable.iZettle has recently become available on this side of the Atlantic, launching in Mexico and Brazil earlier this year.聽 The two Latin American countries join iZettle using countries the U.K., Spain, Germany, Sweden, Denmark, Norway and Finland. Whats Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.
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