Private Sector

The chairman of the struggling cake chain has hired a former senior prosecutor at the UK’s Serious Fraud Office as his lawyer as the company faces probe into ‘potentially fraudulent’ accounting irregularities.

https://www.ig.com/uk/news-and-trade-ideas/shares-news/patisserie-valerie-boss-hires-former-top-sfo-investigator-amid-f-181116

Two Black Country brothers who cooked the books of a restaurant in an £800,000 fraud have each been jailed for three years.

https://www.expressandstar.com/news/crime/2018/11/16/brothers-jailed-for-800000-restaurant-fraud/

Given the potential for large corporate sums of money being held by companies, they are often targeted by scams and fraud. Ahead of International Fraud Awareness Week, 11-18 November 2018, here is a list of the most common

https://londonlovesbusiness.com/seven-scams-that-target-companies-and-directors/

A former steward at Harlescott Social Club in Roseway, admitted fraud and failing to bank money belonging to the club.

https://www.shropshirestar.com/news/crime/2018/10/30/shrewsbury-couple-admit-part-in-78000-social-club-fraud/

A bus company owner and his sons have been sentenced after faking thousands of concessionary bus pass trips so they could fraudulently reclaim the money from the council.

https://www.cps.gov.uk/cps/news/bus-company-owners-jailed-claiming-thousands-pounds-false-concessionary-journeys

The former chief executive and chief operating officer of collapsed oil firm Afren have been sentenced to 30 years in jail for fraud and money laundering offences committed while in charge of the company, the Serious Fraud Office said.

http://www.cityam.com/267517/two-former-uk-oil-executives-sentenced-30-years-fraud-and

5 ways to help protect against hackers and cyber thieves attempting to find a way to hack into your systems and steal your important information.

http://thefutureofthings.com/12327-5-ways-to-protect-your-small-business-from-online-fraud/

Eight employees who defrauded a Whitchurch convenience store out of up to £40,000 have avoided jail terms

https://www.shropshirestar.com/news/crime/2018/10/20/shop-workers-avoid-jail-terms-for-40000-whitchurch-co-op-fraud/

Two former Afren oil executives who laundered $45m (£34.83m) after deceiving the now collapsed company into a fraudulent $300m deal have been found guilty at Southwark Crown Court

http://www.cityam.com/266856/ex-afren-executives-guilty-300m-oil-business-deal-fraud-

The cake chain may have survived its High Court case but Patisserie Holdings admits it gave millions in share bonuses to its CEO and CFO

https://www.accountancyage.com/2018/10/25/patisserie-valerie-admits-millions-in-undisclosed-shares-given-to-ceo-and-cfo/