The All Party Parliamentary Group (APPG) on Insurance and Financial Services has published a report into financial crime within families alongside the Financial Vulnerability Taskforce.
The report cited evidence suggesting that a significant amount of financial abuse is inflicted by family members. There is a lack of awareness and research about this issue that the report addresses. "We appear to have overlooked the scale and impact of fraud and theft within families", said professor Keith Brown, member of the Financial Vulnerability Taskforce and chair of the Safeguarding Adult National Network. "It is time to address the ‘elephant in the room'." The groups said the issue of fraud and theft within families has to be highlighted to make understanding easier when it c...
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