i-law.com - Newsletter (Fraud Intelligence)

Closer than ever - AI in analytics

Second-guessing where fraudsters might strike next has long been a hit and miss affair but armed with artificial intelligence, better can be expected of predictive analytics, finds Keith Nuthall, in Ottawa; Peter Taberner, who writes from Leicester, UK; and Brenda Dionisi, based in Milan.

Online Published Date: 14 January 2026

Appeared in issue: April/May 2026 - 30 April 2026

UK's defence ministry loses UK£millions to fraud, amidst listless controls

Britain's ministry of defence (MoD) has a woeful record in fighting fraud within its UK£60.2 billion (USD82.3 million) annual spending, notably the UK£40 billion (US$54.7 billion) procurement budget.

Online Published Date: 03 February 2026

Appeared in issue: April/May 2026 - 30 April 2026

Fraud levels stable overall but bank and credit card offences up - England & Wales survey

Bank and credit card account fraud rose 19% year-on-year in the UK in the 12 months to September 2025, while overall fraud levels remained stable, according to new Crime Survey for England and Wales (CSEW) data.

Online Published Date: 05 February 2026

Appeared in issue: April/May 2026 - 30 April 2026

Turks & Caicos past premier convicted of bribery after trials over 10 years

The former Premier of the Turks & Caicos Islands and two co-defendants have been found guilty on a string of corruption charges, bringing a decade-long case to a close.

Online Published Date: 11 February 2026

Appeared in issue: April/May 2026 - 30 April 2026

Deepfake-enabled fraud is now "default business model", finds AI incident logger

Deepfake-enabled fraud using images generated by artificial intelligence (AI) is now a "default business model", according to the latest report from the AI Incident Database (AIID), a US-based information resource.

Online Published Date: 12 February 2026

Appeared in issue: April/May 2026 - 30 April 2026

Navigating bribery and corruption allegations in arbitration

Allegations of criminality during an international arbitration may be either real or tactical, so there are arguments both for lowering and raising the bar for proving such claims. Dr Vlad Meerovich of Peters & Peters discusses the challenges and a new best-practice guide for arbitral tribunals handling corruption allegations.

Online Published Date: 24 February 2026

Appeared in issue: April/May 2026 - 30 April 2026

US Treasury launches whistleblower website for financial crime tip-offs

The US Treasury's Financial Crimes Enforcement Network (FinCEN) has created a new dedicated whistleblower webpage for confidential tip-offs about fraud, money laundering, and sanctions violations.

Online Published Date: 25 February 2026

Appeared in issue: April/May 2026 - 30 April 2026

CaaS gains traction

As a proliferation of threat actors promote their illicit services on the dark web, government agencies and security experts are warning that cyber-attacks, extortion and other types of digital fraud are becoming easier to facilitate without..

Online Published Date: 28 February 2026

Appeared in issue: April/May 2026 - 30 April 2026

From reimbursement to prevention: the UK's strategic shift in tackling online fraud

The UK government's 2026-2029 fraud strategy distributes the responsibility for the prevention of fraud away from financial institutions and outwards into digital media and communication ecosystems. Alexandra Webster of Simmons & Simmons..

Online Published Date: 24 April 2026

Appeared in issue: April/May 2026 - 30 April 2026

Fraud, governance and ECCTA in 2026: a new era for senior leaders

For large employers, fraud risk in 2026 is not just about the immediate financial implications of a fraud incident, it increasingly concerns whether internal controls, governance structures and third‑party relationships are sufficiently robust to..

Online Published Date: 11 May 2026

Appeared in issue: April/May 2026 - 30 April 2026