A LAWYER has appeared in the Magistrate’s Court to face 38 charges involving the alleged criminal and fraudulent use of more than £100,000 of client money. Centenier Shirley Madden said that 29 of the 38 offences were allegedly committed between 24 September 2008 and 25 November 2010. Those 29 allegations relating to the alleged use […]
Read MoreAmber Rudd announces new national economic crime centre for UK
Billions of pounds have been laundered through the City of London, despite Britain remaining one of the safest and cleanest places in the world to do business, the home secretary has said. Amber Rudd issued the warning as she announced plans for a new national economic crime centre, with the power to task the Serious Fraud […]
Read MoreCrocodile Dundee Fraud Case Collapses in Italy
Article from Jersey Evening post regarding the Crocodile Dundee Fraud. Dated 22nd August 2017
Read More1 in 5 Directors at risk of fraud due to open source data at companies house
A group of alleged fraudsters are being prosecuted at the Old Bailey for attempting to claim tax credits using the identities of members of parliament, judges, soldiers and police officers. Personal details were stolen from the membership list of the Civil Service Sports Council and used to fraudulently claim tax credits covering a four-year period. […]
Read MoreTreasurer jailed for stealing £250,000 from war veterans charities
A MAN who defrauded two organisations for Armed Forces veterans out of more than £250,000 has been jailed for four and a half years by the Jersey Royal Court. Kevin Nicholls (58) was the treasurer for the Jersey United Services Club and the Royal British Legion bar. Over a period of four years he transferred […]
Read MoreSFO Speech on Fighting Fraud
The SFO has published a speech by Hannah von Dadelszen, Joint Head of Fraud at the SFO, on fighting fraud. In her speech, Ms von Dadelszen focused on the factors which give rise to an SFO investigation, including: whether the apparent criminality undermines UK PLC commercial or financial interests in general and in the City of London […]
Read MoreCybercrime soars as UK fraud breaks through £1 billion barrier
There was a huge rise in cybercrime last year which helped overall UK fraud break through the £1 billion barrier for the first time in five years. According to KPMG’s Fraud Barometer, cybercrime rose a whopping 1266% last year to £124 million, taking the total value of fraud to £1.1 billion. KPMG’s Fraud Barometer measures […]
Read MoreThe whistleblower who exposed Bernie Madoff thinks the insurance industry is riddled with fraud
The Big Four accounting firms are so bad at catching fraud that they couldn’t even catch a cold, with incentives in the industry totally screwed up. That’s the view of the of the whistleblower who uncovered the $65 billion Madoff Ponzi scheme and he thinks fraud is endemic in the insurance industry as well. Harry […]
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