In recent weeks, major supermarket chain Tesco found itself penalised after a two-year probe carried out by the Serious Fraud Office (SFO), resulting in an agreement to pay a fine of £129 million for overstating profits in 2014. The shock admission by the leading retailer revealed that it had identified an apparent £250 million overstatement […]
There is a sharp drop in the amount of the public expressing concern about identity theft, according to a new survey conducted for Chartered Professional Accountants of Canada (CPA Canada). Two-thirds (66%) of the respondents agree that they are concerned about identity theft but the number is significantly down from 74% in 2016. At the […]
Recently hitting the headlines was the prosecution of an ex-HBOS (Halifax Bank of Scotland) manager and five others, all but one of whom were convicted for their roles in a complex and long lasting scam involving £245m of fraudulent loans. With mischief including cash in brown envelopes, exotic holidays, luxury yachts, properties in the sun […]
Lawyer Monthly hears from Tom Orange, a solicitor at Byrne and Partners LLP, who outlines everything you need to know about the new rules and how to prepare your business for compliance.
More than 50,000 people have now signed up to Land Registry’s free Property Alert service. The service helps people to detect fraudulent activity on their property by sending them email alerts when there is certain activity on the property being monitored, such as a mortgage being taken out against it. The recipient can then decide whether they […]
One of the most prominent but less publically acknowledged crimes over the last few decades has been fraud, which in recent years has taken centre stage in large-scale political and financial issues, and been the bane of many nations’ governments, especially as the benefits of certain jurisdictions make it easier to hide wrong-doings and deceive […]
According to recent figures from the ONS, there were 3.8 million fraud offences committed last year. Fraud has become the most common crime committed in the UK. But when it comes to serious fraud – the big ticket crime committed by banks, companies and their employees – there is little serious data, only broad brush […]
Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.
We use cookies to ensure that we give you the best experience on our website. By continuing to use this site you consent to the use of cookies. Privacy PolicyOkI do not consent
