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NLJ this week: Does the Fraud Act need updating?

21 October 2022
Issue: 7999 / Categories: Legal News , Fraud , Criminal , Technology
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It’s been 15 years since the Fraud Act 2006 took effect, and the scale and types of fraud have changed considerably. 

In this week’s NLJ, Stewart Hey & Abigail Rushton, of Charles Russell Speechlys, assess the Act’s success to date and outline outstanding issues.

Hey & Rushton contend that, for the Act to continue to succeed, three key issues should be considered—sentencing, the Act’s extra-jurisdictional reach, and the technological challenges of prosecuting fraud. They analyse each in turn.

Fraud is now the most common crime in England and Wales, and is said to cost the UK economy between £137bn and £190bn each year. Hey & Rushton write: ‘It is important that the UK has the legal framework to deal with the most complex cases of fraud and economic crime.’

See the full article here.

MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

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