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fraud

  • UK payment firms urge regulator to delay controversial fraud refund rules

    June 10, 2024

    Firms have urged the UK payments regulator to delay fraud reimbursement rules following growing criticism of the measures and the recent departure of the watchdog's head.

  • British tech giant Mike Lynch acquitted after 12-year legal battle

    June 7, 2024

    Lynch was initially charged with 16 counts, including wire fraud and conspiracy but one charge of securities fraud was dropped during the trial.

  • Whisper it, but private equity returns might just be too good to be true

    June 4, 2024

    The private equity sector has built a reputation for steady returns but are they an illusion?

  • Brits lost more than £1bn to fraudsters last year as purchase scams hit record high

    May 22, 2024

    Brits lost more than £1bn to fraudsters last year, new figures show, as purchase scams surge to a new record and social media firms face tough questions over the high levels of fraud originating on their platforms.

  • From Lloyds Bank to UK Finance, here’s who’s paying for the City of London Police

    May 10, 2024

    A series of funding deals between private entities and City of London Police to help fight fraud highlights the ongoing funding pressures faced by the police force, experts have said. 

  • Banks drive finance complaints up by a fifth as ‘unaffordable’ credit cards slammed

    May 1, 2024

    Issues with banking and credit cards drove official finance complaints up nearly a fifth in the second half of last year, new figures show, as customers were hit by fraud and "unaffordable and irresponsible lending".

  • SFO makes strides on disclosure but funding crucial to fixing problems, report finds

    April 30, 2024

    The UK's anti-fraud agency has made progress in reforming how it manages evidence disclosure in its high-profile cases, but more government funding is needed to help fix the problems, a report has found.

  • Consumer group names TSB, Co-op Bank and Monzo as worst major banks for mobile app security

    April 24, 2024

    The group reviewed the apps and websites of Britain's 13 largest current account providers between January and February, with assistance from computer security experts.

  • ‘Moral mission’: Sunak to reform benefits system in fight against long-term sickness

    April 19, 2024

    Rishi Sunak has announced plans to reform Britain’s disability benefits system in what he called a “moral mission” to address the rise in long-term sickness.

  • SFO strategy details new pilot programme – but leaves some questions unanswered

    April 18, 2024

    The UK’s Serious Fraud Office (SFO) has vowed to push ahead with its plan to pay rewards to whistleblowers and develop a new “pilot programme” to thwart fraud, bribery and corruption, according to its new strategy published today. 

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