Private Sector

Walter Forbes, then aged 30, set up Comp-U-Card (CUC) in 1973 with Kirk Shelton. The company sold membership cards that allowed customers to buy goods and services from selected firms at discounted rates. During the 1980s and early 1990s the firm grew, attracting 30 million customers. It also started buying other companies, culminating in a 1997 merger with HFS Incorporated, which owned various franchises and hotel chains. The newly merged firm was renamed Cendant in 1997.

https://moneyweek.com/510835/great-frauds-in-history-walter-forbes/#.XTArlIdsPE0.twitter

A former doctor’s practice manager from York has been jailed for two years after transferring over £596,000 from her employer’s accounts to her own.

https://www.minsterfm.com/news/local/2912529/york-woman-jailed-for-596000-fraud-against-doctors-practice/#.XSmdTxvr10I.twitter

The Serious Fraud Office is considering whether to investigate the business affairs of Gavin Woodhouse after referrals by two senior politicians.

n the last week we have seen the ICO indicate fines for data breaches under GDPR including British Airways at £183M and Marriott Hotels at £100m. Contrast this with Talk Talk in 2016 who after a large breach were fined £400k under the older Data Protection Legislation. Even this they appealed against, remarkable some would say.

https://www.linkedin.com/pulse/paying-cyber-crime-ethical-gap-chris-greany/

A wood-burning stove installer has been prosecuted for a second time after he falsely claimed he was registered with industry body HETAS (Heating Equipment Testing and Approval).

https://caerphilly.observer/news/978220/stove-installer-prosecuted-for-a-second-time-after-falsely-claiming-he-was-registered-with-industry-body-hetas/

Five people were arrested and questioned over alleged accounting fraud at Patisserie Valerie as the investigation into the café chain's collapse moved up a gear.

http://www.mondaq.com/uk/x/823396/Corporate+Crime/Nicola+Sharp+of+business+crime+solicitors+Rahman+Ravelli+believes+more+arrests+could+follow

As the name suggests, the GCA Toolkit for Small Business is specifically designed for small and medium businesses to reduce the cyber risks they face on a daily basis.

Sushovan Hussain, the former finance chief at UK software company Autonomy, has been granted bail pending appeal of his conviction for wire fraud

Autonomy founder Mike Lynch claimed Hewlett-Packard had ‘destroyed one of the most successful and promising software companies of its time

https://www.expressandstar.com/news/uk-news/2019/06/26/businessman-in-38bn-fraud-case-accuses-tech-giant-of-scapegoating/

Two members of a “callous” puppy farming gang have been jailed for selling dogs they fraudulently claimed were bred in a family environment, when they were actually “sickly and diseased”, with some dying within days of being sold.

https://www.itv.com/news/2019-06-25/members-of-callous-puppy-farming-gang-jailed/