- Home/Publications/Fraud Intelligence
US fraud losses jump to US$12.5bn - FTC
Consumer losses to fraud in the US jumped 25% to a total US$12.5 billion in 2024 compared to US$10.4 billion in 2023, new Federal Trade Commission (FTC) figures reveal.
Online Published Date:
20 March 2025
Appeared in issue:
June/July 2025 - 01 June 2025
Disclosure review sees role for AI but not handing over 'keys to the warehouse'
Incomplete disclosure to the defence of unused material that could assist it or undermine the prosecution's case should be addressed through changes in legislation, practice - including use of advanced technology - and training, says Jonathan Fisher KC in his UK government-commissioned review.
Online Published Date:
22 March 2025
Appeared in issue:
June/July 2025 - 01 June 2025
Creative insights - effective interviewing
Straightforward, honest - not manipulative or evasive: it's how the investigator would prefer a suspect to be so why wouldn't they model the same behaviour when conducting an interview. Don Rabon and Mark Anderson share with Keith Nuthall their decades of experience in eliciting truths from those with something to hide.
Online Published Date:
23 March 2025
Appeared in issue:
June/July 2025 - 01 June 2025
Building controls
The construction industry is a complex interplay of supply chains and contractors, working with cost estimates and to timeframes that may stretch across many years. So much unavoidable uncertainty makes mitigation of fraud risk, present throughout, all the more urgent to defend against both physical and financial damage, even collapse. Paul Cochrane dons his hard hat to explore the hazards and protections.
Online Published Date:
27 March 2025
Appeared in issue:
June/July 2025 - 01 June 2025
France, Switzerland and UK launch anti-bribery taskforce
Prosecutors from France, Switzerland and the UK, on 20 March, launched a new International Anti-Corruption Prosecutorial Taskforce.
Online Published Date:
27 March 2025
Appeared in issue:
June/July 2025 - 01 June 2025
UK banks, tech and telcos will share live data to stop scams
Leading UK banking, telecoms and tech companies have joined forces in a new intelligence-sharing scheme under established industry anti-fraud initiative 'Stop Scams UK'.
Online Published Date:
04 April 2025
Appeared in issue:
June/July 2025 - 01 June 2025
UK's Companies House only collects 2% of fines for false entries
Britain's corporate registry, Companies House, has only managed to collect around 2% of fines meted out for falsifying entries, such as fake names or businesses and their owners, since October 2024.
Online Published Date:
09 April 2025
Appeared in issue:
June/July 2025 - 01 June 2025
UK issues first Interpol silver notice to freeze fraudster's assets
The UK has secured its first ever Interpol Silver Notice, a global order to seize the proceeds of crime. Its target is tracing and recovering UK£8.5 million (US$10.3 million) in criminal assets of convicted fraudster, Anopkumar Maudhoo.
Online Published Date:
17 April 2025
Appeared in issue:
June/July 2025 - 01 June 2025
R v Skeene and conspiracy to defraud - clarity on "what" but not "why"
The Fraud Act 2006 may have set out specific offences but it also retained the much broader common law conspiracy to defraud, which tips the scales, argues Nick Barnard of Corker Binning.
Online Published Date:
28 April 2025
Appeared in issue:
June/July 2025 - 01 June 2025
England & Wales fraud volume up 1m, in 2024, to 4.1m - ONS survey
Incidents of fraud in England and Wales jumped by 33% in the year ending December 2024, to an estimated 4.1 million, compared to the 3.1 million in 2023, the Office for National Statistics (ONS) revealed in April.
Online Published Date:
07 May 2025
Appeared in issue:
June/July 2025 - 01 June 2025
Failure to prevent fraud: territorial applicability
Under the UK offence of failure to prevent fraud, 'large organisations' will be liable for acts by employees and others involved in its business. Thomas Cattee of Gherson Solicitors finds that not just UK companies are caught.
Online Published Date:
08 May 2025
Appeared in issue:
June/July 2025 - 01 June 2025
Bad influence - rise of the online deceiver
The internet influencer is in demand and, as with every emergent business trend, Keith Nuthall & Andreia Nogueira discover that fraudsters have been quick to take advantage, especially of the opacity around follower numbers and reward arrangements.
Online Published Date:
09 May 2025
Appeared in issue:
June/July 2025 - 01 June 2025
Digital dimensions - data-heavy risk and forensics
Billions, no, trillions of bytes - a ceaseless, rising tide: the threat that fraudsters will hide in oceans of data is real but the analytics are launched that, carefully piloted, can run them to ground, as Keith Nuthall discovers.
Online Published Date:
10 May 2025
Appeared in issue:
June/July 2025 - 01 June 2025
Who and what - the makings of a good investigator
"If a cluttered desk is a sign of a cluttered mind, of what, then, is an empty desk a sign?" Einstein once mused. Either way, investigators of complex fraud must impose order on chaos, or cases may be thrown out of court. Keith Nuthall looks into the traits needed to see through sophisticated deceit and track down the perpetrators.
Online Published Date:
16 May 2025
Appeared in issue:
June/July 2025 - 01 June 2025
Raising the bar, as ECCTA approaches
Just a few months remain before pivotal UK counter-fraud legislation will boost standards required of entities' internal controls and cast a much wider net. Toby Thomas and Mario Levin of S-RM break down essential preparations and key areas of concern.
Online Published Date:
20 May 2025
Appeared in issue:
June/July 2025 - 01 June 2025
The first 72 hours of a ransomware attack
Recent cyberattacks on retailers Marks & Spencer, the Co-op and Harrods are a sobering reminder of the crippling impacts of this threat. Asim Arshad and Dominic Holden of Lawrence Stephens outline how to navigate the crucial first three days and potentially recover ransoms paid in crypto.
Online Published Date:
20 May 2025
Appeared in issue:
June/July 2025 - 01 June 2025
AI as your co-detective
While there is a level of hype around artificial intelligence, its strategic use can provide us smarter ways to identify key information, analyse and interpret vast amounts of data. Colin Johnson and Rebecca Rossiter of AlixPartners use a recent case to outline methodology and potential pitfalls of leveraging AI in investigations.
Online Published Date:
20 May 2025
Appeared in issue:
June/July 2025 - 01 June 2025