Private Sector

Woman denies conspiring to commit fraud by abuse of her position as an employee of the store in Wrexham Road, Whitchurch.

https://www.shropshirestar.com/news/crime/2018/09/20/co-op-worker-accused-of-defrauding-store-of-40000-with-other-employees/

She faces four charges, two of which were that she participated in a fraudulent business

https://www.propertyindustryeye.com/former-letting-agent-appears-in-court-on-fraud-charges/

Two Indian men have been arrested on suspicion of modern slavery offences following a Gangmasters & Labour Abuse Authority (GLAA) operation in Coventry.

https://www.theconstructionindex.co.uk/news/view/two-arrested-for-construction-slavery

According to the latest research, occupational or internal fraud is more often than not perpetrated by a man in a position of authority who is out for personal gain through the deliberate misuse of a company’s resources or assets.

http://res.cloudinary.com/yumyoshojin/image/upload/v1/pdf/fighting-fraud-2018.pdf

Court of Appeal ruling on legal privilege welcome news for corporate clients under investigation

https://economia.icaew.com/en/opinion/september-2018/the-serious-fraud-office-vs-the-eurasian-natural-resources-corporation

ENRC has won a legal victory against the Serious Fraud Office (SFO) that will stop it being forced it to hand over confidential documents in a long-running investigation into alleged fraud.

https://www.telegraph.co.uk/business/2018/09/05/enrc-deals-blow-sfo-winning-legal-privilege-appeal/

Nearly 500,000 UK businesses are being hit by impersonation fraud, according to estimations by Lloyds Bank, with the legal sector most at risk

https://www.computerweekly.com/news/252448102/Half-a-million-UK-firms-hit-by-CEO-fraud-Lloyds-Bank-estimates

The data, obtained from ActionFraud, the UK’s national fraud and cyber-crime reporting centre, reveal that businesses reported £88m in losses from corporate employee fraud in 2017-18, more than double the reported £40m lost in 2016-17.

https://londonlovesbusiness.com/business-losses-from-employee-fraud-double-in-a-year/

A man has been sentenced to 26 months in prison for defrauding a combined £129,000 from three insurance firms that he worked for and lying to their clients about fictitious medical treatment costs that they were liable to pay.

https://www.insuranceage.co.uk/insurer/3568941/insurance-employee-jailed-for-ps129000-fraud

The proposals were set out in a consultation document designed to seek views on how to tackle "those who own or manage" companies who cause the companies to engage in "tax avoidance, evasion or repeated non payment of taxes" and then use the insolvency process so that the company avoids paying the tax.

https://www.out-law.com/en/articles/2018/august/director-liability-tax-debts-uk/