Financial fraud within families is the 'elephant in the room'

‘Time to address the elephant in the room’

clock • 5 min read
A significant amount of financial abuse is inflicted by those much closer to home, namely family members, according to APPG
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A significant amount of financial abuse is inflicted by those much closer to home, namely family members, according to APPG

The All Party Parliamentary Group (APPG) on Insurance and Financial Services and the Financial Vulnerability Taskforce (FVT) have launched a new report – ‘Theft and fraud within families’, which suggested fraud can often happen a lot closer to home.

The report aimed to address the lack of awareness and research about the issue and called upon all parties with a vested interest in personal finance to take action, so that the issue of fraud and theft...

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