Private Sector

An accountant who embezzled cash from two companies, including a firm that was forced to make employees redundant, has been jailed for almost three years.

https://www.bbc.co.uk/news/uk-scotland-glasgow-west-46795027

In an update on the Patisserie Valerie case, the cake shop has now admitted there were delays and other issues with supplier payments.

https://www.accountancyage.com/2019/01/11/patisserie-valerie-admits-supplier-payment-issues-amidst-fraud-investigation/

This book has been produced by the Metropolitan Police Fraud and Linked Crime Online (FALCON) team to make you aware of the latest and most prolific scams.

http://www.gmp.police.uk/live/Nhoodv3.nsf/section.html?readform&s=F16B6D05DE4B9AC6802580AD00503BCB

A premium car dealer stands accused of conning five customers out of £147,500 after offering his customers deals that were “too good to be true”.

https://www.am-online.com/independents/news/2019/01/08/sports-car-dealer-accused-of-24-counts-of-fraud

The Serious Fraud Office (SFO) has dropped its investigation into a number of individuals associated with British engineering giant Rolls-Royce.

http://www.cityam.com/271230/sfo-scales-back-probe-into-rolls-royce

Fraud trial kicks off for former Barclays CEO, who could face 10 years in prison for events around the 2008 financial crisis

https://www.businessinsider.fr/us/former-barclays-ceo-faces-10-year-prison-stint-for-fraud-in-2008-crisis-2019-1

The mother-of-two who pleads not guilty and remains on bail - was based at the Lower Parliament Street branch of Lloyds Bank, in Nottingham, when the fraud was said to have happened.

Tesco's former UK managing director, Chris Bush, and John Scouler, its former UK food commercial director, were acquitted of fraud and false accounting after a judge at Southwark Crown Court dismissed their case due to insufficient evidence.

http://www.mondaq.com/uk/x/769406/White+Collar+Crime+Fraud/Leading+Business+Crime+Solicitor+Calls+On+Sfo+To+Consider+The+Wisdom+Of+Its+Approach+After+Its+Case+Against+Two+Tesco+Directors+Is+Dismissed

The UK government has unveiled new measures to tackle money laundering which has been linked to a business scheme.

https://www.bbc.co.uk/news/uk-scotland-scotland-business-46499311

Two former Tesco directors have been acquitted of charges of fraud and false accounting after the judge dismissed their case due to lack of evidence.

https://www.bbc.co.uk/news/business-46459884