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ARTICLE · 04 JUNE 2024

Environment Agency Introduces Economic Crime Unit

The Environment Agency has established an Economic Crime Unit (ECU) aimed at curbing money laundering and other financial crimes within the waste management industry.

United KingdomEnvironment

Introduction to the Economic Crime Unit's Mission

The Environment Agency has established an Economic Crime Unit (ECU) aimed at curbing money laundering and other financial crimes within the waste management industry. The ECU's mission, in the agency's own words, is "to ensure those working in waste management do the right thing and gangsters are unable to operate in the sector." This initiative comes in response to findings that nearly 20% of all waste in England is managed illegally.

Economic Impact of Waste Crime

Waste crime poses a significant financial burden on the UK economy, with estimated costs of around £1 billion annually. Despite efforts to combat this issue, fines collected by the Environment Agency in the fiscal year 21/22 amounted to only £6 million—highlighting the challenge of addressing the economic impact of these crimes effectively.

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