Posts Tagged ‘UK News’
26.04.11 Thousands of UK passports ‘thrown out with rubbish’
[caption id="attachment_457" align="alignleft" width="304" caption="UK Passport"][/caption] Some 10,000 passports a year are probably thrown in bins, says the UK's Identity and Passport Service (IPS). Launching a campaign urging people to keep passports safe, it warns the same number are lost ...
10.08.10 External consultants cannot act as a Nominated Officer under Money Laundering Regulations
As an external consultant I am usually in the situation where systems we devise for compliance starts with a simple policy statement, which firstly details who is and how to communicate with, the nominated officer, who will be a senior member of the firm, a director, partner or owner manager. ...
08.04.10 Crime proceeds spent on Wigan allotment project
Thousands of pounds confiscated from criminals have been donated to an allotment project in Greater Manchester. Norley Hall allotments in Wigan has been given £5,000, which was raised through the police's payback scheme. Under the scheme, money raised by criminals is given to the community. The allotment was set up to encourage youngsters ...
22.01.10 Fraud losses cost the UK £30bn a year
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 ...
15.01.10 Hunslet Man Arrested for Money Laundering
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 ...
16.09.09 Four arrested connection with a £9m mortgage fraud
Four men have been arrested by the City of London Police force in connection with a £9m mortgage fraud against a major insurance company. 40 police officers have been involved in the operation in the South-East of England which has led to a number of co-ordinated searches on four houses, the ...
14.09.09 HM Revenue and Customs officers arrested 21 people in raids in a multi million pound construction industry fraud.
The twenty one arrests, consisting of eighteen men and three women, were made covering areas as diverse as the West Midlands, Staffordshire, London and Greater Manchester. The suspects were arrested on suspicion of conspiracy to ‘cheat the public revenue’ and ‘money laundering’ offences amounting to over £6 m. They were ...
10.09.09 Serious Fraud Office (SFO) launches investigation into JJB and Sports Direct
Following an OFT investigation into the sports retail market, it has been announced that the Serious Fraud Office (SFO) has now begun its own investigations into JJB Sports and Sports Direct. JJB Sports revealed that it had stated its concerns about possible cartel activity in its market to the OFT which ...
04.08.09 FSA bans Cornwall broker for fraud
The FSA has banned Cornwall mortgage broker Stephen Sanders for submitting at least three mortgage applications on behalf of customers which he knew contained false and misleading income information. Sanders withheld information from a prospective employer relating to an investigation into him by his former employer which resulted in his suspension. ...
03.08.09 Identity fraud soars in 2009
New Cifas stats paint bleak picture for the UK's financial institutions and card companies. Identity fraud surged by nearly three quarters in the first half of the year, driven by continued malicious online activity, and the economic slowdown, according to new figures from UK fraud prevention service Cifas. The organisation was set ...
