Fraud Intelligence

Gavin McFarlane of Dechert and London Guildhall University

The need for powerful tools to gather evidence is particularly important in fraud cases. By their nature, frauds will often involve complex acts of concealment by the fraudster both as to his underlying acts complained of and the whereabouts of any proceeds and other assets. As a result, fraud litigation tends to involve a very high focus on forcing defendants and third parties to disclose evidence. Unlike many other forms of litigation, this process of factual investigation often focuses on the period before litigation is commenced so as to avoid or reduce the risk that evidence and assets will disappear.

Firms are beginning to realise that not only can automated expenses management software reduce claims-processing costs but it can also be deployed to detect systematic abuse by employees. Simon Nelson , General Manager, EMEA at Concur Technologies, explains how the systems can help to combat fraud.

What measures should you take if you suspect fraud in your organisation? Jane Colston of Baker & McKenzie considers the critical first steps and proceeds to the orders available through the civil courts, focusing on the careful use of freezing injunctions.

The UK chapter of the Association of Certified Fraud Examiners (ACFE) recently admitted its four hundredth member, which is good going given it only set up five years ago. The rapid growth means that UK chapter membership is now the largest outside..

Proposals to allow the Inland Revenue and Customs & Excise to pass confidential information about taxpayers on to the police when they suspect illegal activity have been shelved due to the Election. The controversial plans were to have formed..

Ninety people and companies have been netted in a nationwide crackdown on internet fraud in the US code-named “Operation Cyber Loss”. The accused face a range of Federal and state criminal charges for wire and mail fraud, bank fraud,..

Fraud experts and police warn that introduction of the euro notes and coins at the beginning of next year offers criminals a perfect opportunity to engage in large-scale counterfeiting and money laundering. In the order of € 15 billion in..

On 29 May 2001 the consultation period closed for the draft Proceeds of Crime Bill. With the General Election decided, subject to changes flowing from the consultation period, it is anticipated that the Government will wish to press ahead with the Bill as soon as possible in the new Parliament. Neil Griffiths of Denton Wilde Sapte looks in detail at the draft legislation.