Archive for January, 2010

22.01.10 Fraud losses cost the UK £30bn a year

January 22, 2010  |   General Information & FAQ's,General News & Cases   |     |   0 Comment

Fraud - including scams, online theft, insurance cheats and tax fraud - costs the UK £30bn a year, according to an official estimate. The National Fraud Authority (NFA) has calculated the figure for the first time ...

19.01.10 OFT warns of deadline for anti-money laundering registration

January 19, 2010  |   AML Legislation updates,Professional Bodies   |     |   0 Comment

Estate agents and certain consumer credit lenders must register under anti-money laundering regulations before 31 January 2010 to avoid breaking the law, the OFT warned today. Carrying on business having failed to do so could result in the imposition of a fine by the OFT, a prison sentence, or both. Money ...

15.01.10 Hunslet Man Arrested for Money Laundering

January 15, 2010  |   General News & Cases   |     |   0 Comment

A 35-year-old Hunslet man has been arrested on suspicion of money laundering as part of an investigation involving the City and Holbeck Proceeds of Crime Team and the Holbeck Neighbourhood Policing Team (NPT). Police officers and police community support officers (PCSOs) from the NPT entered the unemployed man's home yesterday afternoon ...