Private Sector

A woman has appeared in court accused of defrauding a Shrewsbury-based firm out of more than £126,000 while working as a bookkeeper and wages clerk.

https://www.shropshirestar.com/news/crime/2018/01/30/mother-and-son-in-court-over-shrewsbury-firm-fraud-allegation/

With great opportunities for digital, there also comes great risk if your company is not protecting itself from the risks.

http://www.gigabitmagazine.com/mobile/protecting-your-brand-against-digital-risk-and-fraud

Building products supplier SIG has admitted to overstating its profits in recent years and has suspended the employees that it holds responsible.

http://www.theconstructionindex.co.uk/news/view/sig-takes-action-after-accounting-irregularities

Evidence of their mass abuse of British companies has been accumulating for years

Companies that fail to protect themselves effectively from cyber-attacks will face fines of up to £17m, the government has announced.

http://www.bbc.co.uk/news/technology-42861676

58% of Small and Medium sized Enterprises (“SMEs”) believe that the impact of modern-day payments fraud on their business would be minimal and that they would lose only a small amount of money

https://www.finextra.com/pressarticle/72302/vocalink-publishes-small-business-fraud-report/retail

The Financial Conduct Authority (FCA) has launched a consultation on plans to give more small businesses access to the Financial Ombudsman Service (FOS).

https://www.insuranceage.co.uk/regulation/3228901/fca-consulting-on-widening-access-to-fos-for-smes

A finance director who took £10,000 from an architectural firm has been given a 16-month prison sentence, suspended for two years.

http://www.bbc.com/news/uk-england-norfolk-42819834

The woman worked in the accountants department at the Camden Group

https://www.shropshirestar.com/news/crime/2018/01/23/telford-woman-jailed-for-stealing-23000-from-employers/

A employee was suspended and left the company in November 2016. He pleaded guilty of these charges on 3 November 2017 and was sentenced to 34 months in prison on 19 January 2018.

https://www.insuranceage.co.uk/broker/3228931/ps500000-gallagher-fraudster-jailed-for-34-months