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fraud

HM Customs help businesses in the fight against VAT...

Customs have today published new guidance to help honest businesses from being caught up in VAT fraud in the computer, mobile phone, alcohol and road fuel trade sectors. (See UK in Depth 24 July 2003: The VAT trap The guidance...

Fraud hits a third of all companies and this...

In PwC's global survey of chief executives, released today, financial services companies reported more incidents of fraud than those from…

#banks#financial services#frauds


Commercial Factors of Cleveland were victims of US$500,000 receivables...

Troy Parker, and Kristine Parker, were indicted by a federal grand jury in Cleveland on charges of conspiracy, mail fraud…

#receivables#Two#WHO


Director jailed for defrauding factor in A$1.3 million invoice...

A director who submitted false invoices worth A$1.3 million to a debt factoring company received a jail term in the…


The Institute of Chartered Accountants cracks the whip on...

The biggest UK regulator of insolvency practitioners (IPs) has stepped up its enforcement against abuses with more and heavier penalties…

#insolvency#regulation#trade


Bank sues KPMG over Finance Credit fraud scandal

A small bank in Norway is suing accounting giant KPMG after losing NOK 125 million on the bankruptcy of factor…

#bank#bankruptcy#banks


Fraud – see a timely reminder about fraud prevention...

Go to Corporate Restructuring practitioner gives fraud prevention advice.

#Fraud Prevention


Fraud allegations against factor topples bank executives

Nils Moe, chief executive of Nordlandsbanken, resigned today in the wake of huge losses tied to the bank's dealings with…

#bank#bankruptcy#banks


Regal Duo Face Fraud Charges over Suspected False Factoring...

Two former company directors suspected of duping 160 investors out of up to Ј3million appeared yesterday before Belfast magistrates, charged…


Fraud Causes Fall in Profits at Five Arrows

Five Arrows Commercial Finance, which in the year ended 31 December 1999, recorded profits before tax of Ј890,000, has seen…


Fourth Person Charged in Versailles Alleged Fraud

A fourth person was charged yesterday by the Serious Fraud Office in connection with the collapse of Versailles, the trade…


Head of PayDay Today Arrested on Suspicion of Fraud

David L’Hoir, who ran the organisation PayDay Today was arrested by the FBI in Fort Lauderdale, Florida on suspicion of…

#interest#WHO

A Fraud Caught in Time and the Lessons Learned

by Ken Walsleben Introduction: On Wednesday, October 4, 2000, I received a promising call from a broker introducing a New…

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