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fraud

Deloitte: banks experiencing increased fraud

A survey by financial consultancy Deloitte reveals that while fraud level continues to grow, the average value of recovery remains low. (more…)

#bank#frauds#management

Man jailed for false invoice fraud

An Australian man who created false invoices to defraud financial institutions of more than AUD350,000 has been jailed for two-and-a-half…


German dental contractor jailed for factoring fraud

The owner of a pan-European dental company has been jailed for four years and nine months on fraud charges. (more…)

#factoring fraud#funding#liquidity


KPMG study: Fraud in Asia takes longest to detect

The duration of fraud prior to detection in Asia is an average of five years, with 16 per cent of…


KPMG sees increase in supplier fraud

Finance departments in the West Midlands are being warned to be cautious of a rise in supplier fraud (more…)


Corporate account fraud continues to increase

Corporate account takeover a new payments fraud threat, finds AFP Survey (more…)

#JP Morgan#Two


Medical “head hunter” faces twenty years in jail for...

A Jacksonville medical head hunter was indicted Wednesday by a grand jury on 17 counts of wire fraud. (more…)


Director tried to ‘buy time’ with factoring fraud

The managing director or a haulage firm in the UK was yesterday jailed for defrauding 302,000 from his company s…

#bank#factoring fraud#Lloyds Bank


Major of Belo accused of factoring fraud

Major of Belo to attend Court for factoring fraud (more…)

#factoring fraud#invoice#Paid


Asset finance fraud decreased in 2009

The UK s fraud prevention service CIFAS this February released Fraudscape, a report detailing (more…)


High cost of fraud in the UK revealed

The UK s first comprehensive fraud estimate has found that fraud could be costing the UK economy... (more…)


Huge rise in corporate fraud, according to BDO report

Reported fraud in the UK rose dramatically last year, breaking the 2 billion barrier for the first time (more…)

#frauds#insolvency#management

Accounts receivables firm's CEO arrested in high profile fraud...

The FBI has raided the offices of accounts receivables firm Fair Finance (more…)

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