• The UK’s National Crime Agency (NCA) is looking to expand its digital assets investigation team by hiring four senior investigators for its Complex Financial Crime Team to work on crypto-related crimes.
• The investigators will collaborate with other teams to develop cases and the salary ranges from 34,672 pounds to 38,314 pounds.
• This comes as a result of an increase in value lost to crypto fraud in the U.K. in 2022, which was estimated at $287 million.
UK Expands Crypto Crime Agency
The United Kingdom’s National Crime Agency (NCA) is looking to expand its digital assets investigation team by hiring four senior investigators for its Complex Financial Crime Team to work on crypto-related crimes. This move signals an increased focus on illicit activities involving crypto assets as the U.K. continues working towards establishing a specialized investigative team focusing specifically on such crimes.
The job entails investigating high-end crypto fraud, money laundering and other blockchain-based crime carried out by organized crime groups. The role requires working and collaborating with other investigators, intelligence and analysis team members to develop complex cases using data and evidence from various sources. It also requires a current or active Professionalising Investigation Programme Level 2 accreditation or any equivalent government-issued qualification on investigative crime.
Salary and Benefits
The salary ranges from 34,672 pounds to 38,314 pounds ($44,145 to $48,782.92) plus civil service benefits like pension scheme membership and flexible working arrangements among others..
Recent Increase in Crypto Fraud Value Losses
An increase in value lost due to crypto fraud in the U.K., estimated at $287 million in 2022 according to the U.K.’s reporting system for cybercrime and fraud, has been one of the driving forces behind this move by NCA . On Jan 4th 2021 ,the agency launched its digital asset team as part of efforts geared towards curbing such incidents through improved enforcement measures such as having more personnel track down criminals engaging in cryptocurrency related activities .
Other Job Postings
On July 26th 2021 ,the NCA also posted that it was looking for financial investigations managers who would oversee crypto and digital assets crime investigations from a Proceeds of Crime Act perspective which is related confiscating and redirecting crime money for community benefit .