Private Sector

With a quarter of construction companies suffering from fraud in the last year, three in five have found the quality of materials unlawfully reduced.

https://premierconstructionnews.com/2022/08/21/fraudemic-a-quarter-of-uk-construction-companies-have-experienced-fraudulent-activity-over-the-last-year/

People who lie about their qualifications or experience on their CV and are offered a job as a result can be stripped of their earnings – but only the ‘profit’ made through their deception, the Supreme Court has ruled.

https://www.personneltoday.com/hr/cv-fraud-supreme-court-judgment-r-v-andrewes/

The UK’s accounting watchdog today fined PwC £2.5m over claims it failed to properly scrutinize BT accounts following the discovery of a half-a-billion-pound fraud within the telecommunications firm.

https://www.cityam.com/pwc-fined-2-5m-over-failings-its-audit-of-bt-following-discovery-of-512m-fraud/

Fraud is on the rise and is one of the biggest risks businesses face. The Fraud Advisory Panel is trying to address this through its latest campaign.

https://www.icaew.com/insights/viewpoints-on-the-news/2022/aug-2022/why-smes-cant-be-complacent-about-fraud

A survey report on fraud in the construction industry reveals the most common experiences and negative impacts on businesses in the UK.

https://www.twinfm.com/article/a-quarter-of-uk-construction-companies-have-experienced-fraud-over-the-last-year

In scenes reminiscent of a spy thriller, Synalogik began with discreet meetings in pubs and car parks between its founders, but it is no secret now - and three years after launching its anti-fraud software weapon, Scout, the Gloucestershire firm's customers include the government and big business and it now also has its hands on a Queen’s Award for Innovation.

https://www.soglos.com/news/business/queens-award-showcases-incredible-gloucestershire-firm-and-its-anti-fraud-super-weapon/20232/

A fraudster who stole more than £200,000 from a business in Thanet to live a lavish lifesytyle has been jailed for four years.

https://www.itv.com/news/meridian/2022-08-01/fraudster-used-companys-money-to-buy-swimming-pool-and-smart-tv

Scottish ministers are facing calls for greater transparency after it was reported a metal tycoon under investigation for fraud paid just £5 towards the acquisition of a Highlands smelting plant – with taxpayers financing the rest of the £330million deal.

https://uk.style.yahoo.com/transparency-demand-over-steel-tycoons-171000959.html

A FINANCE officer is to stand trial over allegations that she scammed a cultural body in Belfast out of more than £36,000, a judge has ordered.

https://www.irishnews.com/news/northernirelandnews/2022/07/08/news/finance_officer_to_stand_trial_over_allegations_she_scammed_belfast_cultural_body_out_of_36_000-2766481/?param=ds441rif44T

Former SNP MP Natalie McGarry has been jailed for embezzling £25,000 from the SNP and a pro-independence group.

https://www.bbc.co.uk/news/uk-scotland-61994020