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Cumulative Index (since January 2002)
Accounts manipulation
A closer look
– Timon Molloy, May 2002
Behind the numbers
– Alex Plavsic, Richard Powell and Jenny Wilkinson, KPMG Forensic, February 2003
Financial statement fraud
– Paul Barnes and Jill Lambell,..
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Cross-border frauds – investigation and evidence gathering
Serious fraud these days almost invariably features an international dimension. In the second article in their series on the challenges posed by cross-border investigation and evidence gathering in relation to a Defendant’s assets, Deirdre Walker
and Peter Scott
of Norton Rose look at how to obtain knowledge about the assets before commencing legal proceedings in England and how further information may be secured once they have started. It is assumed throughout that the fraud is sufficiently connected to England or Wales to enable a freezing injunction to be sought there.
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
UK insolvency law – an aid to international asset tracing & recovery
UK insolvency law can be extremely useful when tracing and recovering assets from foreign jurisdictions. James Earp
and Nick Wood
of Grant Thornton’s Fraud Division outline the reasons, how a claim against a foreign company or individual can be engineered from the UK and conclude with a case study.
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Legal overhaul
In May this year the Home Office published a consultation entitled “Fraud Law Reform” in which it proposes abolition of the deception offences under the Theft Acts 1968 and 1978 as well as the common law offence of conspiracy to defraud; they would be replaced by three new fraud offences. The consultation follows on the Law Commission’s July 2002 report, which considered the current law too complex for juries, defendants, lawyers, judges and prosecutors. Samantha Thomas
of Philippsohn Crawfords Berwald reviews the current law and how it might change.
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Called to account
What do fraud and the installation of a new computerised accounting system have in common? Quite a lot actually, says Sean Holohan
of BDO Stoy Hayward.
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Budget for tax avoidance
Gavin McFarlane of Temple Chambers Cardiff
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Closing evasion loopholes
As European Union member states search for a comprehensive withholding tax solution to combat tax evasion, the Council of Ministers has reformed how national tax authorities cooperate to fight fraud. The updated Mutual Assistance Directive will..
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Fingering illegal entrants
The European Union’s new illegal immigrant and asylum seeker fingerprint database has detected 17,287 illicit multiple asylum applications by refugee status claimants who are supposed to lodge only one application in the EU. The EURODAC system..
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Question mark over Slovak nominee to Court of Auditors
The European Union Council of Ministers has ignored a European Parliament appeal to not approve Slovakia’s nominee to the EU financial watchdog, the Court of Auditors, over his alleged insufficient experience in financial forensics. Following..
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Whistleblower pipes up as MEP candidate
High-profile European Commission whistleblower Paul van Buitenen has detailed the recent series of European Union (EU) scandals and corruption cases within a manifesto, issued to promote his campaign for election to the European Parliament on June..
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
China and EU forge closer customs links
China and the European Union have struck a customs cooperation agreement that involves the rapid exchange of information and documents between EU and Chinese officials to crack down on trade fraud. Chinese exports to Europe have been beset with fake..
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Mark of quality
A European Reference Materials (ERM®) seal has been launched, based on a quality assurance system operated by the EU’s Institute for Reference Materials and Measurements (IRMM), Britain’s Laboratory of the Government Chemist (LGC)..
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Counter counterfeiting
Under a new EU counterfeiting and piracy directive, recently approved by the Council of Ministers, customs and trading officials will receive stronger powers to seize fake goods and it is intended that rights holders should find it easier to secure..
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
German and Austrian MEPs opt for honesty
German and Austrian MEPs have signed a so-called ‘code of honour’ not to fiddle expenses by over-claiming for flights to Strasbourg and Brussels. Until now MEPs have been paid the costs of (often expensive) normal economy flight tickets...
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004
Senior male in the finance department is a red flag finds KPMG
Employees in the finance department featured in 40% of 100 fraud cases investigated over the last two years by KMPG’s UK forensic arm. The procurement area ranked second with 12.5% and sales third at 10%. Two thirds of the cases involved..
Online Published Date:
01 June 2004
Appeared in issue:
June/July 2004 - 01 June 2004