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Financial Investigation Unit

 

Crime is often undertaken for some form of financial gain - fraud, embezzlement, drug dealing and money laundering are just some of the most common examples. Criminals can go to great lengths to try and conceal their unlawful income and assets.

 

The Financial Investigation Unit (FIU) forms part of Fife Constabulary Economic Crime Unit and comprises a small number of specialist police officers and police staff financial investigators.

 

Utilising legislation and powers contained within the Proceeds of Crime Act, 2002 as applied to Scotland, FIU staff trace and identify assets such as money, property and vehicles obtained through criminal conduct. Extensive enquiries are carried out with financial institutions both in the United Kingdom and internationally and with various Government agencies such as HM Revenue & Customs.

 

Upon completion of the investigation, the FIU will submit a report to the Crown Office & Procurator Fiscal Service in Scotland, detailing money and assets gained through criminality and request to have bank and building society accounts restrained for the purpose of confiscating these funds and other assets via both the Criminal and Civil Courts.

 

Money and assets confiscated can be returned to the community via the Scottish Government CashBack for Communities, a program of activities for young people to increase the opportunities they have to develop their interests and skills in an enjoyable, fulfilling and supported way, using funds recovered from criminals.

 



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