Tens of thousands of fraud victims are being failed by police as officers routinely drop probes because the crime ‘doesn’t bang, bleed or shout’

Fraud victims are being betrayed by police who fail to investigate tens of thousands of swindlers.

Officers routinely drop probes into bank scams, which cost the UK £190billion a year, because the crime does not ‘bang, bleed or shout’, a damning report has warned.

Incredibly, one force dropped 96 per cent of cases it received from the National Fraud Intelligence Bureau – even though some had good evidence, including identified suspects, said the police watchdog.

HM Inspectorate of Constabulary (HMIC) said some forces were deliberately ‘seeking reasons’ not to investigate, with teams set up to ‘suppress demand’, effectively a form of rationing of police services.