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Home Secretary and Chancellor to chair Task Force aimed at tackling economic crime

Home Secretary Sajid Javid and Chancellor Philip Hammond are jointly chairing a new Government-led Task Force which will work with senior figures from the UK’s financial sector to tackle economic crime. The enormous scale of this type of crime – which includes fraud,...
Posted On 14 Jan 2019
Aziz Rahman
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Scaling Down The Rolls-Royce Investigation: A Sign of Panic at the SFO?

The Serious Fraud Office (SFO) has finally stopped investigating a number of former Rolls-Royce employees in connection with the bribery and corruption scandal that has been rumbling on for many years now. A shrewd decision based on available evidence? Or the frightened actions...
Posted On 10 Jan 2019
Mick Creedon QPM
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Unexplained Wealth Orders: Not Just for the Super-Rich

Mick Creedon, the former Chief Constable of Derbyshire Constabulary, believes the use of Unexplained Wealth Orders in the UK is to be welcomed. However, their real benefit will emerge when they’re used against low-level criminals who seriously damage local communities. The...
Posted On 04 Jan 2019
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Former Alstom Power global sales director sentenced to 4.5 years in prison for corruption

Nicholas Reynolds has received a sentence of four years and six months in prison for his part in a conspiracy to bribe officials in Lithuania’s Elektrenai Power Station and senior Lithuanian politicians in order to win two contracts worth €240 million. Reynolds was also ordered...
Posted On 02 Jan 2019
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Nine convicted in relation to £16 million and $21 million FH Bertling bribery cases

Stephen Emler and Giuseppe Morreale pleaded guilty for their part in a corrupt scheme to secure a ConocoPhillips freight forwarding contract, eventually worth over £16 million, for FH Bertling as part of the ‘Jasmine’ North Sea oil exploration project, it can now be reported....
Posted On 27 Nov 2018
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National Economic Crime Centre launched by Security Minister Ben Wallace

Ben Wallace, the Minister of State for Security and Economic Crime, has formally launched an ambitious new partnership to fight economic crime. The National Economic Crime Centre (NECC) has begun its work with a clear mission to protect the public, prosperity and the UK’s...
Posted On 12 Nov 2018
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Conservative Government introduces all-new Serious and Organised Crime Strategy

The Conservative Government has pledged to tackle the misery caused by serious and organised criminals by drawing on all the powers, tools and expertise the UK has to offer. Ben Wallace, Minister for Security and Economic Crime, has stressed in a detailed speech that preventing...
Posted On 05 Nov 2018
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Serious Fraud Office set to “expand and restructure” senior management team

The Serious Fraud Office (SFO) is expanding and restructuring its management team in a bid to strengthen the organisation’s intelligence and case development function and bring a clearer focus to the Chief Investigator and General Counsel roles. The new role of Head of...
Posted On 28 Sep 2018
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Two former senior bankers convicted of fraud in SFO’s EURIBOR manipulation case

Two former senior bankers have been convicted for manipulating the Euro Interbank Offered Rate (EURIBOR) at the height of the financial crisis following a thorough investigation and subsequent prosecution brought by the Serious Fraud Office (SFO). Phillipe Moryoussef, formerly of...
Posted On 16 Jul 2018
Lisa Osofsky
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Attorney General’s Office names Lisa Osofsky as next director of Serious Fraud Office

Attorney General Jeremy Wright QC MP has announced that Lisa Osofsky is going to be the new director of the Serious Fraud Office (SFO). Osofsky brings over 30 years’ experience of focusing on financial crime in both the UK and the US to the role. Osofsky began her career as a...
Posted On 08 Jun 2018
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