A jury clearing three Barclays executives of fraud was a bad result for the Serious Fraud Office (SFO). The failed prosecution was the legacy of the agency’s previous director. But seems to be little indication that the SFO’s new regime is making progress.
Scammers conned victims in the UK using phishing emails where they posed as groups associated with the World Health Organization.
Following the dramatic acquittal of all three senior Barclays’ executives last week, John Binns and Harry Travers, partners in the Business Crime team at BCL Solicitors analyse what went wrong and why it matters for the SFO.
The 2017 scandal sank the career of the then favourite for the Elysée and opened the door for Emmanuel Macron to win the French presidency.
As fraudsters’ numbers, capacity and sophistication apparently overtake those of investigating authorities, there is every reason to believe that civil remedies will increasingly become a focus for victims of fraud.
The ruling reverses an earlier decision to drop the case that the PM had received European Union subsidies.
Kovesi led a massive crackdown on graft in her native Romania.
Encouraging the self-reporting of corporate wrongdoing and motivating responsible corporate citizens has a number of significant benefits.
Nirav Modi is one of the main suspects charged in the $2 billion loan fraud at state-run Punjab National Bank (PNB), India's biggest banking fraud.
US college scam
A woman was arrested in Slovenia for fraud after cutting her hand off with a circular saw in a bid to land an insurance payout, police say.
At least 150 people have died from drinking toxic illegal alcohol in Assam in northeast India.
A Finnish MP is being investigated by the police for claiming a sauna as his second home.
A reporter for the German magazine Der Spiegel was sacked after he admitted he had invented stories.
Police in Spain say a man arrested as part of an operation against credit card cloning had previously been jailed for helping finance the 9/11 terror attacks
Tesla’s chief executive, Elon Musk, is being sued for fraud. The U.S. Securities and Exchange Commission is accusing him of putting out "false and misleading" tweets about potentially taking the electric car company private.
EU says UK must recover billions in lost customs duties
Which other European politicians have been accused of plagiarising work or faking degrees?
Sara Netanyahu is charged with misuse of state funds and breach of trust
Lee's lawyer files restraining order against caregiver and business partner Keya Morgan, alleging "elder abuse".
In this edition of the Brief from Brussels: The EU’s anti-fraud unit (OLAF) has made recommendations to claw back almost 3 billion EUR from
The EU's anti-fraud agency OLAF have been busy. 2017 saw 197 investigations leading to 309 recommendations to recover of €3 billion for the EU budget. Three countries - Romania, Poland and particularly Hungary seemed to be the focus of the most intense scrutiny.
But the disgraced former champion will only pay a fraction of the amount sought in a lawsuit brought by fellow cyclist Floyd Landis and the US government
North Korean leader Kim Jong-un and his late father Kim Jong-il used fraudulently obtained Brazilian passports to apply for visas to visit Western countries in the 1990s, five senior Western European security sources tell Reuters.
The Infraud Organization was responsible for more than $530 million (€433 million) in losses.
British law firms dispatched “sales agents” in Mallorca to enlist holidaymakers to file false food poisoning claims against tour operators, court documents reveal.