By its very nature fraud is about dishonesty for personal gain. Dishonesty often continues beyond any judgment against the perpetrator, and fraudsters often have a number of tricks up their sleeve to evade payment of any judgment debt.
Annually, on June 23rd, attention is drawn to the act of whistleblowing and its crucial contribution towards creating a more just world. It is a day to acknowledge those individuals who have made a positive impact by safely speaking out.
Like all sectors, the food and drink industry is currently feeling the effects of global supply chain disruption. There are a number of reasons for the interference with supply chains, however, COVID-19 remains at the top of the list.
Earlier this year it was reported that a number of UK convenience stores had sold counterfeit wine to consumers who had alerted authorities due to its funny taste.
This article explores the role of the Financial Ombudsman Service where individuals have found themselves the victim of an authorised push payment.
This high-level overview note is intended to provide a brief explanation of Suspicious Activity Reports (SARs) within the context of the Proceeds of Crime Act 2002 (POCA).
On 12 November 2022 the House of Lords Fraud Act 2006 and Digital Fraud Committee published their report “Fighting Fraud: Breaking the Chain” (the “Report”). The Report can be downloaded here.
Arun Chauhan of Tenet was one of the witnesses giving evidence to the Committee in his role as a trustee of the Fraud Advisory Panel. Arun says that the Report should be the wake up call the Government need to realise how damaging fraud is for consumers and businesses.
Maritime fraud appears to be on the rise (according to United Nations data).
It causes significant disruption to supply chains and can add unwanted costs to all involved.
This article explores security for costs applications in claims where fraud is pleaded.
On 30 March 2023, the Government published its ‘Economic Crime Plan 2, 2023 – 2026’. Gov.uk reports that the plan, “is intended to build on the first economic crime plan by delivering real-world outcomes to cut crime, protect our national security, and support the UK’s legitimate economic growth and competitiveness.