Credit Suisse pays £208m to settle French probe October 24, 2022 Credit Suisse has agreed to pay France €238m (£208m) to settle a tax fraud and money laundering probe brought against it by the country’s economic crime agency. The embattled financier said in a statement it had reached a settlement with France’s Parquet National Financier (PNF) financial crime unit to resolve a “legacy matter” relating to [...]
Investment fraud soars to nearly £1bn as criminals increasingly exploit social media October 17, 2022 Almost £900m has been lost to investment fraud in the past year, as police warn about the rise in the use of social media for bogus schemes. The lure of so-called ‘get rich quick’ initiatives have become “rife” during the cost of living crisis, as millions look for fix to their finanical woes. In a [...]
Man charged over attempted robbery and multiple stabbings in Bishopsgate October 11, 2022 A man has been charged over an attempted robbery and knife attack in the heart of the city. Louis Parkinson, 25, has been formally accused over an incident last week in Bishopsgate, which led to three people being hospitalised with stab wounds The City of London Police responded to the incident last week at [...]
Bishopsgate stabbing: Four injured in major incident, two suspects being sought October 6, 2022 Police are seeking two suspects after three people were stabbed stabbing in Bishopsgate this morning. Emergency services rushed to the scene of an incident in the heart of the Square Mile just before 10am. It was reported that three individuals were stabbed and one person was pushed to the floor, as they confronted someone attempting [...]
Beyond Meat exec arrested for biting man during road rage incident September 20, 2022 A top executive at one of the world’s biggest fake meat sellers has been arrested for biting flesh off another man’s nose, according to US media reports. Douglas Ramsey, who joined Beyond Meat last December, faces charges of third-degree battery and “terroristic threatening,” police reports show The 53-year-old chief operating officer was arrested on Saturday [...]
Two police officers hospitalised after stabbing in Leicester Square as assailant tasered and arrested September 16, 2022 Two police officers have been taken to hospital after being stabbed in Leicester Square this morning. A man with a knife was tasered and later arrested after launching the attack on emergency workers. In a statement to City A.M.. the Metropolitan Police said it took place at 6am at one of London’s busiest tourist attractions. [...]
City Exclusive – SFO’s ‘unique skillset’ will be needed to tackle UK’s worsening fraud epidemic, Lisa Osofsky says September 2, 2022 The director of the UK’s Serious Fraud Office (SFO) has said the agency’s skillset will be needed to combat the mounting levels of increasingly complex and high-value frauds facing the UK’s court system. The letter comes in response to reports in this paper showing the number of fraud cases reaching the UK Crown Courts dropped [...]
Fraud prosecutions slowed by record Crown Court wait times August 30, 2022 THE UK’s Crown Court backlog is stalling efforts to tackle the UK’s worsening fraud epidemic, according to new research from KPMG. The value of frauds worth more than £100,000 reaching the UK’s Crown Courts increased 288 per cent, from £137.4m in the first half of 2021 to £532.6m in H1 2022, as a series [...]
Notting Hill Carnival: Man, 21, fatally stabbed as police launch murder investigation August 30, 2022 Notting Hill Carnival was rocked by a fatal stabbing yesterday, as police launched a murder investigation. Officers responded to reports of the incident at 10pm on Monday in Ladbroke Grove, under the Westway flyover. The victim is a 21-year-old man who was given first aid by police before ambulance services removed him from significant crowds. [...]
Police charge man from Norway, 29, over city stabbing, will appear in court today August 26, 2022 Police have charged a man from Norway with attempted murder over a stabbing near Liverpool Street station. Egidijus Kotovas, 29 of Oslo was arrested by the City of London Police on Thursday. The victim was stabbed in an unprovoked attack in a doorway in Blomfield Street in the City of London at around 4:10am on [...]