- Home/Publications/Fraud Intelligence
Chief prosecutor calls for EU network of fraud investigators
By Sarah Gibbons
Online Published Date:
10 June 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Law Commission backs failure to prevent fraud offence
UK companies would have to put measures in place to prevent fraud, including detecting conspiracies and attempts, by staff and agents under options for reform of corporate criminal liability set out by the Law Commission. [1]The body says there..
Online Published Date:
10 June 2022
Appeared in issue:
August/September 2022 - 10 June 2022
EU funds targeted by organised crime – OLAF report
By Sara Lewis, in Brussels
Online Published Date:
15 June 2022
Appeared in issue:
August/September 2022 - 10 June 2022
How to navigate corporate monitorships effectively
Mark Chutkow (mchutkow@dykema.com; +1 248 203 0715) heads the Government Investigations and Corporate Compliance national practice at Dykema’s Bloomfield Hills, Michigan office. He previously served as the chief of the Criminal Division of the US Attorney’s Office for the Eastern District of Michigan and helped select, implement and oversee numerous independent compliance monitors as part of corporate criminal prosecutions. Jason Ross (jross@dykema.com; +1 214 462 6417) is a member in the Dallas, Texas office of Dykema, where he focuses his practice on white collar criminal defence, government investigations and corporate compliance.
Online Published Date:
19 June 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Route mapped – corporate criminal liability reform
John Binns (+44 (0)20 7430 2277, jbinns@bcl.com) is a partner and Tom McNeill (+44 (0)20 7430 2277, tmcneill@bcl.com) a senior associate at BCL Solicitors LLP in London, specialising in financial crime.
Online Published Date:
20 June 2022
Appeared in issue:
August/September 2022 - 10 June 2022
JLT Speciality fined UK£7.9m by regulator over bribery control failings in reinsurance broking
London-based JLT Speciality Limited (JLTSL) is to pay a UK£7,881,700 penalty to the UK Financial Conduct Authority (FCA) after a group entity used bribes to secure reinsurance broking business in a jurisdiction rated high for corruption risk. [1]The..
Online Published Date:
22 June 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Duo behind green investment scheme jailed in the UK
By Sara Lewis
Online Published Date:
23 June 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Glencore convicted in UK on seven counts of international bribery
By Sara Lewis
Online Published Date:
30 June 2022
Appeared in issue:
August/September 2022 - 10 June 2022
EY fined US$100 million after employees cheat in CPA ethics exams
By Sara Lewis
Online Published Date:
06 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
All too human ????????? psychology exploited
??????
Online Published Date:
06 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
UK FCA hands out biggest cum-ex trading fine as investigations continue into other firms
By Neasa MacErlean
Online Published Date:
18 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
EU to move against enablers of tax evasion
By Sara Lewis, in Brussels
Online Published Date:
18 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Can suspects prove their own innocence?
Rachel Cook (+44 (0)20 7822 7772, rcook@petersandpeters.com) is OfCounsel at Peters & Peters LLP.
Online Published Date:
19 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Hack and payback
The urge to retaliate wheninjured is strong but there are practical, and legal, reasons to exercisecaution – and alternatives – in the case of cyberattack, finds Rose Pengelly.With cyberattacks on the rise, organisations arehaving to devote ever..
Online Published Date:
19 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Art for fraud’s sake
Christopher A Noel (1 305-372-8282, ext. 264; cnoel@sequorlaw.com) is an attorney atSequor Law in Miami, USA.
Online Published Date:
21 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Built-in – construction sector fraud
Construction carries high economic crime risk: one study finds fraud and corruption could account for up to 30% of the industry’s overall costs globally. Paul Cochrane dons a hard hat and digs around for the reasons. “A whole load of factors make..
Online Published Date:
21 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
UK-targeted ‘friend in need’ scams costs Whatsapp users UK£1.5 million in five months
By Sara Lewis
Online Published Date:
21 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Cross-border currents – MEPs seek tighter fraud controls for €1.8 trillion post-Covid spend; EPPO secures first conviction
Political pressure is mounting on theEuropean Union (EU) to work harder and spend more on fighting fraud, with aEuropean Parliament (EP) motion stressing that the investment will more thanpay for itself in losses saved. A motion, passed by 437 votes..
Online Published Date:
23 July 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Switzerland must act on bribery, says OECD working group
By Sara Lewis
Online Published Date:
01 August 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Grim reading – two reports on the Serious Fraud Office
Aziz Rahman (+44 (0)203 911 9339, aziz.rahman@rahmanravelli.co.uk)is senior partner at Rahman Ravelli.
Online Published Date:
01 August 2022
Appeared in issue:
August/September 2022 - 10 June 2022
NFT market is awash with wash trading
Ben Rees (ben.rees@kellerlenkner.co.uk; 0208 057 7480) istechnical director and Mark Kenkre (mark.kenkre@kellerlenkner.co.uk;0208 057 7480) partner within the Investment Fraud and Mis-selling group atKeller Lenkner UK (www.kellerlenkner.co.uk).
Online Published Date:
01 August 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Unaoil case review finds dysfunctional Serious Fraud Office
A report [1] into culture and practice at the UK Serious Fraud Office (SFO), commissioned in the wake of the quashed conviction for bribery of Ziad Akle, a former energy services consultancy manager, has exposed “fundamental failures” in how the..
Online Published Date:
01 August 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Characterful – integrity screening
Technical competence, even brilliance, trumped by dishonesty can prove an expensive, at worst, for an organisation, terminal, hiring error. Poorna Rodrigo finds, though, that advances in recruitment practice, from refinements in psychometric testing..
Online Published Date:
01 August 2022
Appeared in issue:
August/September 2022 - 10 June 2022
Single economic crime force is no panacea, say experts
Esther Martin (esther.martin@informa.com), Assistant Editor
Online Published Date:
01 August 2022
Appeared in issue:
August/September 2022 - 10 June 2022