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BDO FraudTrack Report: “Value of fraud more than halves in 2018 from record 15-year high”

In-depth research conducted as part of BDO LLP’s annual FraudTrack Report has found that the total value of fraud in the UK more than halved in 2018 following a record 15-year high in 2017. That value has decreased from £2.1 billion to £746.3 million. The specialist business...
Posted On 28 Feb 2019
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Jailed company director stole identities to supply “fake” security personnel at festivals

Lee Szuchnik, the director of a South Wales company that supplied events with bogus security staff using false identities, has been jailed for two years and three months at Cardiff Crown Court. His fellow director at LS Armour, namely Erica Lloyd, was handed a suspended sentence....
Posted On 24 Jan 2019
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BSIA Briefing

Money and the art of trading have been around for centuries. As the world progresses into the technological era, though, we find ourselves creating more innovative ways in which to pay for goods. It’s no secret that cashless electronic payments are on the rise and the...
Posted On 22 Jan 2019
David Clarke
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Fraud Advisory Panel appoints former senior police officer David Clarke as new chair

Independent fraud watchdog the Fraud Advisory Panel has appointed David Clarke as its new chair. Clarke takes over from David Kirk who steps down after four-and-a-half years in post. Clarke is a former senior police officer who has served in the UK and overseas. He’s now a...
Posted On 18 Jan 2019
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Insurance scammers and rogue tradesmen underpin £1.2 billion UK fraud volume

The number of fraud cases reaching courts in the UK rose by 78% in 2018 according to research conducted by KPMG Forensic. KPMG’s Fraud Barometer, which records cases of alleged fraud with a value of more than £100,000, found that 453 cases with a total value of £1.2 billion went...
Posted On 16 Jan 2019
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Iconic British brand BAE Systems extends partnership with Zurich UK to fight fraud

BAE Systems has secured an extension to its eight-year partnership with Zurich UK, the UK subsidiary of the global insurance group. From this month, BAE Systems will provide Zurich UK with its NetReveal Property & Casualty Fraud solution for deployment across multiple...
Posted On 15 Jan 2019
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PKF Littlejohn appoints Robert Brooker as co-head of specialist Forensic and Fraud team

PKF Littlejohn has appointed Robert Brooker as co-head of the company’s Forensic and Fraud team. Brooker joins the firm after over ten years at Transport for London (TfL), where he was head of fraud.  At TfL, Brooker managed a team of investigators, prevention staff and...
Posted On 14 Jan 2019
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IFED secures 239 years’ jail time for fraudsters as specialist unit turns seven

The City of London Police’s Insurance Fraud Enforcement Department (IFED), which has now secured 239 years in custodial sentences, is celebrating its seven-year anniversary this month. Since its inception back in 2012, the IFED has convicted 433 insurance fraudsters leading to...
Posted On 10 Jan 2019
David Ferbrache
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KPMG CTO David Ferbrache highlights Top Ten cyber security trends for 2019

David Ferbrache, chief technology officer in KPMG’s cyber security practice, has highlighted the Top Ten cyber security trends we can expect to see in 2019. Those trends include a lack of consensus when it comes to cyber law, the proliferation of fake news (and the implications...
Posted On 09 Jan 2019
Representatives from the Surrey Police Economic Crime Unit and the South East Regional Organised Crime Unit Cyber and Digital Task Force receive their award
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Specialist fraud and financial crime investigators honoured at Keith Hughes Awards

The UK’s leading experts in fraud, financial investigation and law enforcement recently convened in Manchester for the SOCEX Fraud and Financial Crime Conference. The event also played host to the thirteenth annual Keith Hughes Awards. Sponsored and founded by Altia-ABM, the...
Posted On 07 Jan 2019