Fraud Newsletter No. 95 September 2024

Greenwood v Information Commissioner & Anor [2024] UKFTT 834 (GRC): SFO not entitled to withhold information requested under FOIA 2000 re cost of ENRC investigation.

Kingdom of the Netherlands v Baybasin [2024] EWHC 2343 (KB): determination of beneficial ownership by Crown Ct estopped redetermination of that issue in context of High Ct restraint and management order.

Fraud, Error and Debt Bill to be brought forward to extend and modernise DWP’s powers to tackle fraud.

Egmont Group of FIUs: Best Financial Analysis cases 2021-2023: Egmont Group: 30 Sep 24

Behind the Masks: Corruption red flags in COVID-19 public procurement: Transparency International: 12 Sep 2024

Miscellaneous amendments to sentencing guidelines: consultation 2024: Sentencing Guidelines Council: 5 Sep 24

Authorised Push Payment Fraud: enabling a risk-based approach to payment processing: FCA: 9 Sep 24

Is Britain’s FBI on its knees? How to make the National Crime Agency a genuinely elite crime fighting force: Spotlight on Corruption: 9 Sep 24

Tackling tax evasion in high street and online retail: National Audit Office: 9 Sep 24

Post Office Horizon IT Inquiry: Recordings, transcripts, reports, evidence and key documents etc available on the POHITI website.

CPS:

Fraudster Jailed for Multi-Million Pound Betting Syndicate Scam: 24 Sep 24

Businessman sentenced for Government backed COVID 19 bounce back loan fraud: 20 Sep 24

Ex-employee jailed after defrauding National Trust out of more than £1 million: 20 Sep 24

FCA:

Change for the better: the FCA’s evolving approach to enforcement (speech by Therese Chambers ED Enforcement & Market Oversight): 24 Sep 24

FCA charges first individual with running a network of illegal crypto ATMs: 10 Sep 24

Insolvency Service:

Companies promoting ‘corporate rescue’ scheme shut down after undermining insolvency regime: 2 Sep 24

NCA:

Nothing of note.

SFO:

SFO ordered to disclose total cost of failed ENRC investigation: 19 Sep 24

Billionaire oligarch’s daughter has conviction overturned after SFO offered no evidence: City A.M.: 17 Sep 24

Six former Glencore employees appear in court charged with bribery offences: 10 Sep 24

SFO seizes 12 suspected luxury watches linked to care home investigation: Investigation into collapse of Carlauren Group: 3 Sep 24

How oligarchs took on the SFO and won:re ENRC investigation: Guard: 12 Sep 24

Man and son jailed over £1m National Trust fraud: BBC: 21 Sep 24

Pump Court Chambers loses bid to keep £2.75m fraud private in High Court ruling: Law. Soc. Gaz.: 25 Sep 24. Pump Court Chambers v Goodfield [2024] EWHC 2428 (Ch).

No let up in crack down on insurance cheats as industry detects £1 billion worth of fraudulent claims: ABI: 25 Sep 2

#ProtectYourPension: Action Fraud warns to look out for pension fraudsters as new data reveals a total loss of £17.7 million in 2023: Action Fraud: 10 Sep 24

Nothing of note.

Caroline Ellison sentenced to two years for role in FTX crypto fraud: BBC: 24 Sep 24

Leader of $4M International Telemarketing Scheme Convicted; DOJ: 20 Sep 24

Adani Group denies Swiss officials froze $310m fund: BBC: 13 Sep 24

Fraud Newsletter Sep 24 No. 95