Show Summary Details
Ashworth's Principles of Criminal Law

Ashworth's Principles of Criminal Law (10th edn)

Jeremy Horder
Page of

Printed from Oxford Law Trove. Under the terms of the licence agreement, an individual user may print out a single article for personal use (for details see Privacy Policy and Legal Notice).

date: 26 September 2023

p. 45511. Financial Crimelocked

p. 45511. Financial Crimelocked

  • Jeremy HorderJeremy HorderProfessor of Criminal Law, London School of Economics and Political Science


This chapter examines one major example of financial crime: fraud. The importance of financial crime, and of vigorous prosecution policies in relation to it, should not be underestimated. Fraud accounts for no less than one-third of all crimes captured by the Crime Survey for England and Wales. There were 4.3 million fraud offences recorded in the year ending in June 2020. An understanding of fraud, and in particular the way that it reflects corporate activity, is essential to the study of criminal law. The law is now mainly governed by the Fraud Act 2006. The 2006 Act sought to eliminate (a) the law’s reliance on sometimes technical distinctions between different kinds of outcome produced by fraud, and (b) the law’s reliance on ‘deception’ as an element of the wrong. A key is question is whether, in doing this, the 2006 Act made the law too broad in scope.

You do not currently have access to this chapter

Sign in

Please sign in to access the full content.


Access to the full content requires a subscription