Entain’s £585m fine shows flourishing ‘maturity’ of Crown Prosecution Service December 6, 2023 Corporations need to be wise to the fact that a deferred prosecution agreement (DPA) can come from all prosecuting bodies, not just the Serious Fraud Office (SFO), warns lawyer. News broke that the company behind Coral and Ladbrokes will pay £585m after a probe into alleged bribery at a former Turkish subsidiary. The DPA action [...]
SFO launches criminal investigation into British aircraft parts supplier December 6, 2023 The Serious Fraud Office has launched a criminal investigation into a British aircraft parts supplier over suspected fraud.
UK fraud agency goes on hiring spree to top up numbers after departures December 4, 2023 The Serious Fraud Office (SFO) said that hiring new staff was its “top priority” as it looks to turnaround under new boss Nick Ephgrave.
City lawyer sentenced to nine months in prison for ‘tipping off’ client November 30, 2023 A City lawyer convicted for “tipping off” one of his clients about a money laundering investigation was sentenced to nine months in prison today. William Osmond, founder of commercial and property law firm Osmond & Osmond Solicitor, was convicted earlier this month. He tipped off businessman James Reeding Ramsay after the Serious Fraud Office (SFO) [...]
Rio Tinto agrees on £22m SEC fraud fine after six-year legal battle November 22, 2023 Rio Tinto has reached a $28m (£22m) settlement agreement with the Securities and Exchange Commission (SEC) after a six-year legal battle over purported executive fraud.
City lawyer convicted for ‘tipping off’ client about money laundering probe November 15, 2023 A City lawyer has been convicted for "tipping off" one of his clients about a money laundering investigation by the Serious Fraud Office.
Lawyers will likely pay higher fees to cover Axiom Ince collapse, SRA says November 14, 2023 The regulatory body for the legal sector has said today it will probably need to increase the annual levy solicitors pay to the authority in order to cover the collapse of law firm Axiom Ince.
Axiom Ince: SFO makes seven arrests as it probes fraud claims at collapsed firm November 14, 2023 The Serious Fraud Office confirmed today that it is investigating allegations of fraud surrounding the collapse of law firm Axiom Ince, announcing it has arrested seven individuals and carried out multiple raids.
City of London awash with drug money, top MPs warn November 10, 2023 Illicit profits from the drugs trade are being “washed” in the City of London, a group of senior MPs have warned.
Patisserie Valerie former senior leaders trial set for March 2026 over conspiring charges November 7, 2023 Former senior leaders of Patisserie Valerie's criminal trial set for 2 March 2026 as arraignment was pushed back to next April.