Southeastern boss: Success is not about public or private ownership December 18, 2024 City AM chats with Southeastern Railway's chief Steve White on Covid-19, Labour's reforms and his plans to bring down costs.
Fraud watchdog makes arrest in collapsed Arena Television probe December 17, 2024 The Serious Fraud Office (SFO) has arrested a man in connection to its investigation into the collapsed broadcaster Arena Television
Executives of ‘ponzi scheme’ London Capital & Finance liable for damages December 16, 2024 Former executives of LCF are liable in the sum of £180m in damages to investors following a court ruling last month that called it a 'ponzi scheme'
Defence giant Thales faces UK bribery and corruption probe November 21, 2024 The Serious Fraud Office has launched an investigation into French defence giant Thales for suspected bribery and corruption. Authorities in the UK and France said they are carrying out a joint probe into the firm, which employs more than 7,000 staff in the UK. Thales is one of the government’s key defence contractors, and built hundreds of lightweight [...]
New report warns DPAs should not be seen as ‘a cost of doing business’ November 21, 2024 The use of deferred prosecution agreements doesn’t stop corporate fraud, and may be actively encouraging it, says new paper by think tank, IEA
London Capital & Finance was a ‘Ponzi scheme’, judge rules November 14, 2024 Former executives of the collapsed London Capital and Finance (LCF) participated in fraudulent conduct, ruled a High Court judge.
Serious Fraud Office given more funds to help ‘deliver swifter justice’ November 7, 2024 The Serious Fraud Office is set to receive an additional £9.3m in funding as part of the government's plan to crack down on fraud.
Get your house in order, says SFO boss as corporate fraud countdown begins November 6, 2024 Big businesses have nine months to implement fraud preventions, with the SFO boss warning "time is now running short for corporations to get their house in order".
Legal watchdog slammed for failing to handle Axiom Ince collapse October 29, 2024 The UK's legal regulator has been slammed for mishandling the collapse of Axiom Ince, which resulted in over 1,000 job losses.
Collapsed Sentinel Broadcast hits Lloyds Bank with commercial fraud lawsuit October 24, 2024 Liquidators of broadcasting equipment company Sentinel Broadcast have launched legal action against Lloyds Bank, the latest legal battle in the fallout of the company