by Jyotsna Bucktowar | Feb 17, 2025
A London bank manager and his accomplice were jailed for nine-and-a-half years for laundering £7.3M through 394 fake business accounts. Between 2017 and 2019, Rukon Miah used his role to open fraudulent accounts with counterfeit documents from Jan Ciecierski,...
by Jyotsna Bucktowar | Feb 17, 2025
Although the guidance is aimed at the financial services sector it may also be of assistance to organisations in other sectors. It comprises 3 sections: Part 1: Guidance aimed at assisting firms to understand the offence; Part 2: Guidance on the types of reasonable...
by Jyotsna Bucktowar | May 28, 2024
The report highlights criminals stole £1.17 billion through unauthorised and authorised fraud in 2023, a four per cent decrease compared to 2022, Banks prevented a further £1.25 billion of unauthorised fraud through advanced security systems, 76 per cent of APP fraud...
by Jyotsna Bucktowar | May 22, 2024
The abuse of online platforms continued to leave people vulnerable as the criminals stole £1.17bn in 2023, down 4% from 2022. It called on tech companies to do more to help stop the scams. Consumers lost £86m last year to purchase scams, in which they agreed to pay...
by Jyotsna Bucktowar | Jul 6, 2023
UK Finance have collated a list of questions about the new restrictions on legal advisory services in Regulation 54D (previous post) of the Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2023, which has now been sent to the relevant government...
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