Operation Broadway – City of London Police Partnership to tackle investment fraud
Operation Broadway launched in 2014 as a multi-agency partnership between the City of London Police, City of London Trading Standards, National Trading Standards, the National Fraud Intelligence Bureau, the Financial Conduct Authority, Her Majesty’s Revenue and Customs, and the Insolvency Service.
Criminals who run fraudulent investment companies often set up business addresses in the Square Mile to boost their credibility and, by doing so, pose a significant risk to the City of London’s reputation.
Operation Broadway was set up to mitigate the problem through building partnerships with office providers. The team visits business premises that have been identified as being used by fraudulent companies based on reports made to Action Fraud and other partners.
The team aims to disrupt fraudulent companies by physically moving them on from the premises, shutting down telephone lines and websites associated with the company, and working with other agencies to issue consumer alerts.
In October 2022, the National Economic Crime Centre led a two-week period of intensification. During this period, the Operation Broadway team visited over 40 addresses in and around the City of London, submitted 57 website suspensions and engaged with communities.
If you have any intelligence around investment fraud, please contact the Operation Broadway team by emailing: firstname.lastname@example.org.
Information can be shared anonymously.