Fraud

What is the likelihood of success in claims against a fraudster’s bank? David McIlroy, Jon Felce & Rosie Wild explain why financial institutions should not rest easy when it comes to fraud claims

Elaborate lies on a CV are never a good idea, especially when the Supreme Court gets involved: David Walbank KC reports on some tall tales & costly consequences

Lawyers have expressed caution about a Home Office economic crime bill with enhanced powers to search and seize suspected criminal cryptoassets, increase economic transparency and tackle money laundering.

Following the introduction of the Economic Crime and Transparency Bill, the Serious Fraud Office (SFO) has welcomed the Bill's provisions to expand the SFO's investigative powers. 

The Autonomy judgment & the lessons lawyers can learn from ‘fraud on a grand scale’, by Ceri Morgan

The House of Commons Foreign Affairs Committee has published the second report of session 2022-23, entitled ‘The cost of complacency: illicit finance and the war in Ukraine’. The report welcomes the Economic Crime (Transparency and Enforcement) Act 2022 (EC(TE)A 2022), but concludes that the measures do not go far or fast enough and do little to address the fundamental mismatch between the resources of law enforcement agencies and their target

Has the SFO’s pursuit of corporate scalps undermined its original mission? Neil Swift reports on its successes & shortcomings

The Court of Appeal has opened the floodgates for customer claims against banks arising from fraudulent payments: Caroline Harbord & Nicholas Owen discuss what may come next

Pyramid or ponzi schemes are on the rise amid an overall 42% jump in reported financial investment fraud, according to Office of National Statistics figures, published last week

The Justice Committee has issued a call for evidence on the criminal justice system’s approach to tackling fraud, which accounts for about half of all crimes