Private Sector

Lookers said an investigation into potential fraud at the company had found £19m of profit overstatements covering several years.

A bank boss has been jailed after stealing nearly £3million from his employers and using it to splash out on sports cars, holidays and designer jewellery.

The COVID-19 pandemic has already had a profound effect on workplaces. Here are five of those changes and what they mean for HR teams.

When fraud is discovered, it’s usually by surprise. That’s because most of us aren’t used to looking for criminal behaviour inside our own organisation.

https://www.crigroup.com/2020/06/26/you-suspect-employee-fraud-now-what/

FRANKFURT, June 25 (Reuters) - There are clear indications Wirecard was involved in a fraud with multiple parties around the world in different institutions, the company’s auditor, EY, said on Thursday.

During COVID-19 we’ve seen the mass digitisation of many industries. With countries around the world going into lockdown, while highstreets and physical stores close for business, many companies have found themselves entering the digital domain for the very first time.

LONDON (Reuters) - Lawyers for the founder of collapsed private equity firm Abraaj Group are urging a British court to refuse his extradition to the United States on fraud charges, arguing London was the nexus of the firm’s business and so he should stand trial there.

After a series of audits by EY and a special audit by KPMG, nearly €1.9bn remains unaccounted for

The UK’s Serious Fraud Office (SFO) has ended its 11-month investigation into banknote printer De La Rue, concluding it didn’t meet the sufficient threshold for prosecutors.

There is almost no aspect of life which has not been impacted by the coronavirus (COVID-19) crisis and white-collar crime and its enforcement is no exception.