Woofun AI reports that a government-commissioned review titled "Fraud in the Digital Age," released on July 14, recommends rewarding whistleblowers to combat economic crime. The report, authored by Jonathan Fisher KC, highlights that while fraud constitutes nearly 50% of reported UK crimes, only 1% result in criminal justice outcomes. It urges treating fraud as a national security priority rather than a minor financial offense.

The recommendations include establishing an independent arbitration panel for whistleblower complaints and directing the Serious Fraud Office to provide monetary rewards. For cryptocurrency-related matters, the report suggests the Judicial College develop training programs for all judges, including magistrates, to handle money laundering and AI fraud cases. Additional proposals involve doubling maximum prison sentences for serious fraud to 20 years and imposing an anti-fraud tax on social media companies. The UK government stated it will study these recommendations and respond accordingly.