Private Sector

Asset misappropriation, money laundering, insider trading, cyber attacks and general business misconduct are among the most frequently reported crimes, particularly by financial institutions.

https://www.financierworldwide.com/roundtable-corporate-fraud-nov18#.W8uwj2nwbIU

Patisserie Valerie is just the latest high profile organisation to face claims of potential fraud, inaccurate data and lack of financial controls

https://www.accountancyage.com/2018/10/19/was-lack-of-visibility-to-blame-for-patisserie-valerie-fraud/

The company’s future was thrown into question after it uncovered fraudulent activity around its financial accounts and was served a wind-up order by the taxman over £1.14 million owed to HMRC.

https://www.shropshirestar.com/news/uk-news/2018/10/14/patisserie-valerie-reportedly-had-10m-in-secret-overdrafts/

Two fraudsters have been jailed for a total of seven years after a Trading Standards investigation revealed they had scammed thousands of businesses out of a total of £220,000.

http://www.thebusinessdesk.com/eastmidlands/news/2019119-notts-businessmen-jailed-in-1.6m-fraud-case

The owner of Birmingham-based cake shop chain Patisserie Valerie has suspended its shares after the discovery of potentially fraudulent accounting.

https://www.expressandstar.com/news/business/2018/10/10/patisserie-valerie-owner-suspends-shares-amid-fraud-probe/

Two people have denied setting up a Telford company as a fraudulent business.

https://www.shropshirestar.com/news/crime/2018/10/10/two-deny-telford-bathroom-company-fraud/

Two former senior executives of Tesco abused their positions to encourage practices that resulted in a 250 million pounds overstatement of expected profits and misled the stock market, a prosecutor told a London court

https://uk.reuters.com/article/uk-britain-tesco-fraud/former-tesco-executives-encouraged-profit-overstatement-misled-stock-market-court-told-idUKKCN1MI1ZV

Lawyers for property mogul Robert Tchenguiz today accused audit firm Grant Thornton of conspiring to persuade the Serious Fraud Office (SFO) to launch an investigation into his business dealings with the Icelandic bank Kaupthing.

http://www.cityam.com/265032/robert-tchenguiz-accuses-grant-thornton-conspiracy-over

A former employee at an HSBC branch has been sentenced to 18 months in jail for handing over confidential details of three customer accounts to criminals, London’s Metropolitan Police said in a statement, resulting in the theft of more than £67,000.

https://uk.reuters.com/article/uk-hsbc-fraud/ex-hsbc-employee-in-jail-over-67000-pounds-customer-accounts-scam-idUKKCN1ME2DK

Businesses of all sizes can’t afford to compromise security and safety, so we’ve gathered advice for business owners and managers across three areas: Business Fraud, Theft, and Violence. 

https://www.hampshire-pcc.gov.uk/crime-prevention/business