Our extensive knowledge at your fingertips

Latest editions

Search

SFO raids three properties and makes four arrests in new £140m property fraud investigation

Arrests announced in Merseyside and Greater Manchester amid investigation of Signature Group, a business that attracted over a thousand UK and international investors in the redevelopment of iconic landmarks including Belfast’s Scottish Mutual Building and the Coal Exchange in Cardiff into luxury hotels, residential apartments and office spaces.

RUSI welcomes Nick Ephgrave for his first public speech as SFO Director, where he offered insights into several challenges facing the organisation

The audience included representatives from the media, the UK criminal justice sector and law enforcement partners at RUSI. He mentioned that under his leadership, the SFO will play a greater role in the national effort to tackle fraud. SFO is also looking at ways in which it can support the Government’s Fraud Strategy…

Spotlight on Corruption publishes new report revealing that regulators are falling short in holding senior executives accountable for economic crime

The new report highlights a concerning trend: top regulatory bodies struggle to prosecute senior executives in major firms for economic crimes, effectively shielding them from accountability. Only a mere 6% of investigations under the Senior Managers regime have led to enforcement actions. Regulators, including the CMA, SFO and the FCA, have had minimal success in prosecuting board-level executives…

UK FCDO issues statement on allegations about UNRWA staff and 7 October attacks

Follows allegations that UN Relief and Works Agency staff were involved in the 7 October attack against Israel.

Solicitors Regulation Authority provides update on the investigation into the Post Office Horizon IT scandal

In light of the recent significant interest in the Post Office Horizon Scandal and the resumption of hearings at the ongoing statutory public inquiry, the SRA is providing an update on our investigation, building on our October 2022 statement.

SFO charges two company directors over £88m car lease scheme

Alleged that Buy2Let Cars Ltd offered investment in a fleet of popular cars from brands including Hyundai, Toyota and Vauxhall, to be bought and leased out to the public with the promise of high levels of returns.

SFO launches investigation into global aviation supplier with dawn raid in London

In collaboration with other agencies, SFO has initiated a criminal investigation into suspected fraud at aircraft parts supplier AOG Technics Ltd, involving raids, arrests, and international regulatory alerts addressing the aviation industry…

SFO secures second conviction of solar panel fraudster

The SFO successfully prosecuted the convicted £17 million solar panel fraudster David Black for the second time, after investigators discovered he was using a different name in business dealings in breach of conditions enacted after his release from prison…

TI UK shares what’s next in the UK’s fight against dirty money?

The ECCTA mandates Companies House to actively vet and improve the quality of information in the UK corporate register, making it more challenging for criminals to conceal ownership. The Act requires identity verification for individuals with significant control, raising the cost…

SFO launches investigation into suspected fraud at Axiom Ince with nine raids and seven arrests

Axiom Ince stopped trading last month when approximately £66 million in client money was found to be missing from its accounts and spent. Investigators will also examine how funds passed from the firm’s client accounts with Barclays to the State Bank of India to fund these purchases.

SFO secures conviction of solicitor for tipping off client about money laundering investigation

SFO secured the conviction of William Osmond, a solicitor, who disclosed confidential details about an investigation and forged a legal document in an attempt to mislead investigators. Solicitors are legally obliged not to share details of money laundering investigations…

The Nuts and Bolts of AML Whistleblower Laws – hosted within the House of Commons, join Stephen Kohn for a conversation explaining the nuts and bolts of blowing the whistle on money laundering

Join Stephen Kohn, world-renowned expert on whistleblowing, financial crime, and international law for a conversation explaining the nuts and bolts of blowing the whistle on money laundering. Kohn helped draft the US AML Whistleblower Improvement Act…