Private Sector

Sub-postmasters affected by the Post Office computer scandal face "imminent financial ruin" unless they are compensated, an inquiry has been told.

https://www.itv.com/news/meridian/2021-11-08/falsely-accused-post-office-scandal-postmasters-face-imminent-financial-ruin

Almost a third (28%) of regulated firms in the UK claim that analysing hard copies of documents is the most reliable method for identifying fraud, according to SmartSearch, despite the fact that most falsified documents are almost indistinguishable from the real thing.

https://www.mortgageintroducer.com/smartsearch-third-business-believe-spot-fake-id/

THE managing director of a betting company has appeared in court to deny a catalogue of fraud charges.

https://www.irishnews.com/news/northernirelandnews/2021/11/10/news/managing-director-of-betting-company-appears-in-court-to-deny-catalogue-of-fraud-charges-2503438/?param=ds441rif44T

The company which was defrauded of £1.9 million by a former employee say they will be seeking legal action to claim back the money lost.

https://www.impartialreporter.com/news/19699028.company-will-seek-legal-action-retrieve-lost-funds/?ref=twtrec

A man who authorised thousands of pounds of fraudulent payments into his own accounts in just five months as a leisure company’s finance manager has escaped being jailed.

https://www.coventrytelegraph.net/news/local-news/finance-manager-transferred-more-18000-22094807?utm_source=twitter.com&utm_medium=social&utm_campaign=sharebar

An increase in post-Covid-19 fraud checks by the Insolvency Service has seen the number of company directors convicted of fraud spike, according to new research.

https://www.cityam.com/fraud-convictions-on-the-up-as-post-covid-19-crackdown-begins/

A TSB cashier is to stand trial accused of fraudulently transferring a total of more than £1.3 million from the accounts of a dozen customers over a four-year period.

https://www.coventrytelegraph.net/news/tsb-cashier-accused-13-million-22029888?utm_source=twitter.com&utm_medium=social&utm_campaign=sharebar

To counter rising levels of fraud, ICAEW has signed up to a new Fraud Charter for the accountancy sector.

https://www.icaew.com/insights/viewpoints-on-the-news/2021/oct-2021/icaew-backs-new-accountancy-sector-fraud-charter

A FORMER Santander employee has denied carrying out more than 60 separate fraud offences against the bank.

https://www.irishnews.com/news/northernirelandnews/2021/10/22/news/former-bank-employee-denies-more-than-60-separate-fraud-offences-2485913/?param=ds441rif44T

Fraudster Melanie Dart narrowly avoided jail despite the judge being 'pretty sure' she deserved a prison sentence after funnelling other employees’ expenses payments into her own account.

https://www.coventrytelegraph.net/news/local-news/judge-reluctantly-suspends-jail-sentence-21917534?utm_source=twitter.com&utm_medium=social&utm_campaign=sharebar