Private Sector

ID requirements could be introduced in crackdown against scammers.

Founded in 1844, Companies House has long kept the definitive register of UK companies.

The service is run on the principle of good faith, registering new firms without investigation, provided the forms are complete and ‘properly delivered’.

https://www.which.co.uk/news/article/getting-companies-house-in-order-the-rise-of-fraud-on-the-uks-company-register-aAWfV5U6IpnD

Latest data has revealed a 65% increase in reported cases of fraud committed by workers against their employers in the West Midlands – putting the region second only to London as an employee fraud hot spot.

https://www.thebusinessdesk.com/westmidlands/news/2073424-west-midlands-a-hot-spot-for-employee-fraud

Today at Southwark Crown Court, Nasser Alaghband, the CEO of British steel trading company Balli Steel Plc, was sentenced to six and a half years in prison, while two senior executives received sentences of over three years each.

https://www.sfo.gov.uk/2023/04/04/sfo-secures-sentences-totalling-over-13-years-for-executives-behind-500m-bank-fraud/

A fraudster who conned bookmakers across the country by taking thousands of pounds from gaming machines has been jailed in Liverpool.

https://www.birkenhead.news/fraudster-jailed-for-conning-bookmakers-across-the-country/

Operation Henhouse included an investigation into a £500k parcel delivery scam at a North Warwickshire depot

https://www.coventrytelegraph.net/news/local-news/17-suspects-quizzed-part-huge-26439391?utm_source=twitter.com&utm_medium=social&utm_campaign=sharebar

Data firm WANdisco has suspended trading on the London Stock Exchange today after finding “potentially fraudulent irregularities” in its books that mean it may have overstated its revenues by $15m (£12.6m).

https://www.cityam.com/wandisco-suspends-shares-over-potentially-fraudulent-irregularities/

Technology firm WANdisco has suspended its shares on the Alternative Investment Market after it revealed “potentially fraudulent irregularities” that could result in its sales being 60% lower than expected.

https://www.thebusinessdesk.com/yorkshire/news/2106128-significant-and-sophisticated-potential-fraud-uncovered-at-big-data-firm

Nearly a tenth of Brits has admitted that they’ve lied on their CV in the last 12 months​.

https://www.yourmoney.com/household-bills/cv-fraud-on-the-rise-and-could-cost-you-more-than-just-your-job/

COMPANY directors who took out Covid bounce back loans could be pressured into admitting wrongdoing despite having acted honestly, an insolvency practitioner fears.

https://uk.sports.yahoo.com/news/honest-bosses-could-pressured-admitting-033000890.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

A cleaning manager at Blackrock’s City headquarters who orchestrated a £170,000 bogus overtime scam to bankroll his holidays has been jailed for three years.

https://uk.sports.yahoo.com/news/cleaning-manager-city-firm-jailed-200459627.html/