Banks need better co-ordination on West African fraud crime wave

MONEY LAUNDERING

LONDON -- Fraud carried out by organised West African criminal gangs against UK financial institutions is increasing, according to UK law enforcement officers. However, Duncan McKelvie, head of the West African organised crime section at the National Criminal Intelligence Service (NCIS) says banks need to be more co-ordinated in tackling the problem.

"We are seeing fraud with West African involvement where they are getting information out of banks in a variety of ways," Tony Thomas, detective

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