Private Sector

Director of BBS Improvements must complete 250 hours of unpaid work in the community  following his conviction at Worcester Crown Court. He has also been disqualified from being a company director for five years.

http://www.thebusinessdesk.com/westmidlands/news/2022530-building-company-director-sentenced-for-fraud-and-safety-breaches

Visit Isle of Wight’s former finance officer pleaded guilty in the Isle of Wight Magistrates’ Court on Tuesday to fraud and theft charges.

https://onthewight.com/finance-officer-abused-position-in-34000-fraud-and-theft-case/

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