Fraud

Jennifer Fox explains Rule 7A, a powerful rule change with big consequences for fraud and asset tracing

Businesses are facing a ‘dramatic rise in prosecution risks’ as sweeping reforms to corporate criminal liability come into force, expanding the net of who can be held responsible for wrongdoing inside organisations

UK law enforcement is failing to use the tools at its disposal, argue Ashley Fairbrother & Rhys Evans

A pioneering cryptoasset recovery case has exposed an arguable failure by UK law enforcement to use powers already available under the Proceeds of Crime Act 2002. Writing in NLJ this week, Ashley Fairbrother and Rhys Evans of Edmonds Marshall McMahon recount how their client, a US citizen duped in a devastating romance fraud, lost nearly $1m after being manipulated by a fake ‘Kensington-based diplomat’

The Serious Fraud Office (SFO) has secured a £10m penalty plus £4.8m in costs from manufacturer Ultra Electronics Holdings, under the terms of a deferred prosecution agreement (DPA) for failure to prevent bribery

Fraud claims are surging, with England and Wales increasingly the forum of choice for global disputes. Writing in NLJ this week, Jon Felce of Cooke, Young & Keidan reports claims have risen sharply, with fraud now a major share of litigation and costing billions worldwide

More fraud litigation is likely to emerge from the private credit market, market corrections due to overvaluation driven by artificial intelligence and the ‘failure to prevent fraud’ offence, law firm Stewarts has predicted in a report, ‘Trends in fraud litigation 2026’, compiled with analytics platform Solomonic

The Serious Fraud Office (SFO) will invest in technology to catch tech-reliant fraudsters and handle voluminous case materials

Simon Parsons examines the cases of Andrew Mountbatten-Windsor & Peter Mandelson: do they pass the misconduct test?