Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Unfair Practices: Sales Methods

Home Department written question – answered on 21st May 2008.

Alert me about debates like this

Photo of Nigel Evans Nigel Evans Conservative, Ribble Valley

To ask the Secretary of State for the Home Department what recent discussions she has had with the City of London Police on illegal share sales by boiler room operations; and if she will make a statement.

Photo of Vernon Coaker Vernon Coaker Parliamentary Under-Secretary (Home Office) (Crime Reduction)

I visited the City of London Police Economic Crime Department in July last year to discuss a number of fraud related issues, including their work on boiler room fraud.

The Home Office provides the City of London Police with additional funding over and above police grant each year to enable the force to operate as a "lead force" for investigating serious and complex fraud not confined to the Square Mile. This extra funding has enabled City to expand its Economic Crime Department and, among other things, establish Operation Archway, the national intelligence reporting system for boiler room fraud. Operation Archway has worked closely with other agencies, including police forces in this country and abroad, and a number of arrests have been made. Home Office officials are in regular contact with City of London police officers and receive regular updates about Operation Archway.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.