Rent - your flexible friend
Money Box
BBC
4.2 • 825 Ratings
🗓️ 11 May 2019
⏱️ 25 minutes
🧾️ Download transcript
Summary
Ben Wallace MP, Minister for Economic Fraud responds to criticism from Her Majesty's Inspectorate of Constabulary about whether the government is "content to leave fraud at the back of the queue" given what damage it can do.
Dan Whitworth reports on a significant development for the former clients of collapsed mini-bond firm London Capital and Finance.
And the launch of a pilot scheme to tackle rent arrears and keep people away from high cost credit by allowing them to flex their monthly rent payments.
Presenter: Paul Lewis Reporter: Dan Whitworth Producer: Alex Lewis Editor: Emma Rippon
Transcript
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| 0:00.0 | In Northern Ireland, from the late 70s to the early 90s, the IRA killed over 40 alleged informers. |
| 0:08.0 | But the man who often found, tortured and sometimes killed these people on behalf of the IRA |
| 0:12.0 | was himself an informer, a secret British army agent with the codename Stakeknife. |
| 0:18.0 | Who gets to play God? And why me? Why my family? |
| 0:21.3 | When lies are still being told to this day, who do you believe? |
| 0:25.1 | I wouldn't even know where to start, and I'm with the IRA. |
| 0:28.5 | Steakknife. |
| 0:29.7 | Listen first on BBC Sounds. |
| 0:33.6 | BBC Sounds, music, radio, podcasts. |
| 0:37.4 | Hello, in Moneybox today, I ask the minister in charge of economic crime |
| 0:41.2 | why fraud has such a low priority when it causes such dreadful distress to so many. |
| 0:46.8 | The Financial Services Compensation Scheme says it's examining again, |
| 0:50.7 | whether it can provide redress to 11,600 victims of the collapsed investment firm, London Capital and Finance. |
| 0:59.0 | And research finds that paying a bit less rent when times are hard and a bit more when they're easier can reduce arrears. |
| 1:06.1 | But first, more than three million people had money stolen from them by fraud in 2018. |
| 1:11.7 | That's a third of all crime in the annual crime survey. |
| 1:15.5 | The impact on individuals and their families can be devastating, and not just financially. |
| 1:20.7 | Last month, Her Majesty's Inspectorate of Constabulary published a damning report |
| 1:24.9 | into how fraud is policed in England and Wales |
| 1:27.4 | and called for major changes by the police and action by the government. |
| 1:32.0 | Here's what her magistrate inspector Matt Parr told Moneybox last month. |
| 1:36.4 | It's not just a police. There's businesses, the government's got some responsibility |
... |
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