Under the new proposals, white-collar criminals will be made to choose between either jail time or becoming a wire-wearing informant for the SFO.
In an interview with the Evening Standard, Osofsky said, “I see huge potential out there if you have got folks who have committed criminal acts possibly being willing to work with law enforcement. It’s got to make sense.”
Osofsky, who took the role at the SFO last year, pointed out that similar methods proved effective in the campaign to uncover corruption at FIFA, the world governing body in football.
In that case, an American executive who admitted accepting bribes over two World Cup bids became an informant for the US government, eventually leading to the downfall of former FIFA president Sepp Blatter.
Osofsky vowed to fight “dirty money” flowing into London, to stop it pushing up house prices. She commented, “The more we can work together to root out those bad actors the better.”