UK's fraud failures EXPOSED: Police investigate just a quarter of all offences in 'catastrophic' epidemic - and only 0.3% end up with a criminal being charged

Fewer than one in 300 fraud reports result in someone being charged, MailOnline analysis of police data reveals. While Action Fraud, which is run by the City of London Police, does send cases to already stretched local forces, it cannot force them them to investigate, and response rates vary wildly across the country. Ms Wood said: 'On the flipside, you could put every police officer in the country on fraud and it still wouldn't be enough. NCA officers arresting individuals suspected of creating the Russian Coms phone spoofing platform Russian Coms was used by criminals to spoof phone numbers of trusted institutions such as banks to scam unsuspecting victims of thousands of pounds Most police officers do not have the necessary skills to combat fraud and Ms Wood said forces need to recruit specialists with skills in 'data science, data analytics, undercover cyber investigations and deep technical expertise of how to manipulate data'. 'Our reporting service, Action Fraud, takes reports from victims across England and Wales, linking reports of fraud to offenders and criminal networks, and then passing these cases to police forces to investigate.'