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Jailed managers ordered to pay back £560,000 to NHS in wake of procurement fraud

Three managers (one NHS employee and two contractors) who were imprisoned last year for fraud and are still behind bars have been ordered by the courts to pay back over £560,000 to the NHS. This follows a financial investigation by the NHS Counter Fraud Service (NHS CFS) Wales...
Posted On 02 Oct 2019
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“Phantom” security boss who failed to pay staff guilty of 22 counts of fraud

A security boss who ran seven companies under four different identities has been found guilty of defrauding security operatives who worked for him. John Gaines, 72, of Leamington Spa, was found guilty of 22 charges of fraud at Warwick Crown Court on Monday 30 September. Gaines...
Posted On 01 Oct 2019
Michelle Russell
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Security Industry Authority appoints Michelle Russell as director of partnerships and interventions

The Security Industry Authority (SIA) has announced the appointment of Michelle Russell as the organisation’s new director of partnerships and interventions. Russell will be joining the SIA from the Charity Commission where she’s currently director of investigations,...
Posted On 30 Sep 2019
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Banking industry halts £4.5 million of fraud per day in first half of 2019

The finance industry prevented £820 million of unauthorised fraud in the first half of 2019, which is up 14% on the previous year. That’s according to the latest figures from UK Finance. This is equivalent to £2 in every £3 of attempted unauthorised fraud being stopped, o...
Posted On 26 Sep 2019
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“Saunders Electrical fraudsters ordered to pay over £7 million” reports SFO

Jolan Saunders and Michael Strubel, former company executives at Saunders Electrical Wholesalers Ltd, have been ordered to pay confiscation orders totalling £7,393,663.33. Saunders and Strubel have been ordered to pay £5,262,301.03 and £2,131,362.30 respectively. These totals...
Posted On 11 Sep 2019
Mark Courtney
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Mark Courtney joins fraud prevention service Cifas in chief product officer’s role

Cifas, the UK’s leading fraud prevention service, has appointed Mark Courtney as chief product officer. Courtney boasts a wealth of expertise in fraud, identity verification and identity assurance having worked globally across multiple sectors in the space. In his role at Cifas,...
Posted On 04 Sep 2019
Laganside Magistrates Court
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Belfast man handed suspended sentence for ID theft and use of fake security licence

Lee Brown, 29, of Belfast has pleaded guilty at Laganside Magistrates Court to five offences of fraud, forgery and counterfeiting licences belonging to other people following a prosecution brought by the Security Industry Authority (SIA). Brown was sentenced to four months’...
Posted On 26 Aug 2019
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Cyber attack on Lancaster University results in National Crime Agency investigation

Lancaster University has been subject to a sophisticated and malicious phishing attack which has resulted in breaches of student and applicant data. The matter has been reported to law enforcement agencies and staff at the renowned seat of learning are now working closely with...
Posted On 24 Jul 2019
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“Use of Artificial Intelligence for fraud detection set to triple by 2021” asserts SAS

While only 13% of organisations use Artificial Intelligence (AI) and machine learning to detect and deter fraud, another 25% plan to adopt such technologies in the next year or two. This represents a nigh on 200% increase. Fraud examiners reveal this and other anti-fraud tech...
Posted On 11 Jul 2019
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Crowe report highlights staggering £130 billion annual cost of fraud in UK plc

Fraud is costing businesses and individuals in the UK £130 billion each year. The Financial Cost of Fraud Report 2019, developed by national audit, tax, advisory and risk firm Crowe in conjunction with the Centre for Counter Fraud Studies at the University of Portsmouth, also...
Posted On 11 Jul 2019