Levels of reported fraud in financial services fell last year but rose in the public sector, according to the latest BDO FraudTrack analysis. In financial services, reported fraud fell in value more than 62%, from £567m in 2015 to £215m in 2016, and from 70 cases to just 58. Some 150 cases worth £1.4bn happened in the public sector, compared to £450.9m in 114 cases reported in 2015. However, the rise is largely due to a single £1bn VAT “carousel” fraud involving a woman from York.
19 January 2017
FraudTrack report
MOVERS & SHAKERS
Gibson Dunn—Richard Surtees
Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees
Laytons ETL—Alec Cameron
Laytons ETL appoints new partner and head of intellectual property disputes
Muckle LLP—Roland Fairlamb
Specialist associate solicitor rejoins Muckle’s leading employment team
NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
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