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.
The new Economic Crime Bill will change how UK prosecuters tackle fraud October 12, 2023 The legislation promises to make it easier to crack down on financial crime, writes David Rundle
Patisserie Valerie: Four in court over bakery chain’s collapse October 10, 2023 The four defendants sat side by side in the dock at Westminster Magistrates’ Court, speaking only to confirm details.