Category: Serious Fraud Office

The Serious Fraud Office and Legal Representation During Section 2 Interviews – Crimeline

Posted August 18th, 2016 in legal representation, news, Serious Fraud Office by tracey

‘It is often assumed that an individual being interviewed by an investigative body, whether under caution or voluntarily, has a fundamental right to legal representation and advice. However, the publication of new guidelines by the Serious Fraud Office (“SFO”) on the presence of lawyers and the conduct of interviews conducted pursuant to section 2 of the Criminal Justice Act 1987 (the “New Guidelines”) calls into question this assumption. This article will consider the New Guidelines which were issued following the case of Lord v the SFO[1].’

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Crimeline, 15th August 2016

Source: www.crimeline.info

Serious Fraud Office launches criminal inquiry into Tata Steel – Daily Telegraph

Posted April 8th, 2016 in fraud, inquiries, news, Serious Fraud Office by tracey

‘The Serious Fraud Office has opened a criminal inquiry into Tata’s steel-making operation, the Telegraph can disclose.
Police officers are examining allegations that staff working for the company’s office in Britain may have falsified certificates detailing the composition of the product before they were sold.’

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Daily Telegraph, 8th April 2016

Source: www.telegraph.co.uk

City lawyers concerned about change to SFO – The Independent

Posted February 16th, 2016 in fraud, legal profession, national crime agency, news, Serious Fraud Office by sally

‘Senior City lawyers are railing against plans to subsume the Serious Fraud Office (SFO) into the National Crime Agency (NCA), amid fears of yet more disruption to the prosecution of white-collar crime.’

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The Independent, 16th February 2016

Source: www.independent.co.uk

Chickens coming home to roost: SFO’s first conviction of a company for bribery after contested trial – RPC Financial Services Blog

Posted January 8th, 2015 in bribery, company directors, corruption, news, Serious Fraud Office by sally

‘Hot on the heels of the SFO’s first conviction under the Bribery Act 2010, discussed in George’s post, and just as some of us were disappearing for a Christmas break, the SFO announced its first conviction of a company for bribery of foreign public officials after a contested trial. (Regular SFO-watchers will recall that in Mabey & Johnson (2009) and Innospec (2010), both companies pleaded guilty by agreement to offences involving bribery of foreign public officials.) This prosecution was not in fact under the much-trumpeted Bribery Act 2010, but under s1 of the Prevention of Corruption Act 1906.’

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RPC Financial Services Blog, 7th January 2015

Source: www.rpc.co.uk

Two more guilty of record boiler room fraud – BBC News

Posted June 5th, 2014 in conspiracy, fraud, money laundering, news, sentencing, Serious Fraud Office, shareholders by sally

‘New convictions in the UK’s biggest-ever boiler room scam bring the total convictions in this £70m fraud to nine.’

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BBC News, 4th June 2014

Source: www.bbc.co.uk

Director of the Serious Fraud Office v B – WLR Daily

Posted April 8th, 2014 in appeals, contempt of court, extradition, law reports, proceeds of crime, restraining orders, Serious Fraud Office, Supreme Court by sally

Director of the Serious Fraud Office v B [2014] UKSC 23; [2014] WLR (D) 151

‘A person who had been extradited to the United Kingdom for trial on a criminal charge, and who prior to his extradition had been guilty of contempt of court by disobeying a court order, could be punished for the contempt notwithstanding that it was not the basis of his extradition.’

WLR Daily, 2nd April 2014

Source: www.iclr.co.uk

SFO head defends agency’s perceived “lack of appetite” for prosecuting senior UK bankers – OUT-LAW.com

Posted March 6th, 2014 in banking, crime, deferred prosecution agreements, news, prosecutions, Serious Fraud Office by tracey

‘The head of the Serious Fraud Office (SFO), which investigates and prosecutes serious and organised crime in England and Wales, has defended the agency’s record against UK banks and senior bankers in the aftermath of the financial crisis.’

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OUT-LAW.com, 6th October 2014

Source: www.out-law.com

Probation officers strike in protest at privatisation plans – The Guardian

Posted November 5th, 2013 in contracting out, industrial action, news, probation, Serious Fraud Office by sally

“Thousands of probation officers across England and Wales are due to stage a 24-hour strike from midday on Tuesday in protest at plans to privatise 70% of their work.”

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The Guardian, 5th November 2013

Source: www.guardian.co.uk

SFO could snoop on communications to uncover evidence of corruption, says director – OUT-LAW.com

Posted October 28th, 2013 in bribery, corruption, electronic mail, fraud, interception, internet, investigatory powers, news, privacy, Serious Fraud Office, telecommunications by sally

“The director of the Serious Fraud Office (SFO) has warned that the agency may use powers of surveillance to uncover evidence of corruption within corporates.”

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OUT-LAW.com, 25th October 2013

Source: www.out-law.com

Serco referred to Serious Fraud Office over electronic tag overcharging scandal – Daily Telegraph

Posted September 27th, 2013 in electronic monitoring, news, Serious Fraud Office by tracey

“The Serious Fraud Office has been handed a dossier on private security firm Serco following allegations the taxpayer has been overcharged by millions of pounds for electronic tags.”

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Daily Telegraph, 26th September 2013

Source: www.telegraph.co.uk

More bribery prosecutions imminent as SFO confirms eight cases under investigation – OUT-LAW.com

Posted September 6th, 2013 in bribery, corruption, fraud, news, prosecutions, Serious Fraud Office by tracey

“The head of the Serious Fraud Office (SFO) has responded to critics of the UK’s new anti-corruption legislation, confirming that the department has eight cases under investigation.”

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OUT-LAW.com, 5th September 2013

Source: www.out-law.com

No room for corporate complacency, says expert, as SFO brings first Bribery Act charges – OUT-LAW.com

Posted August 16th, 2013 in bribery, company law, fraud, news, prosecutions, Serious Fraud Office by tracey

“The Serious Fraud Office (SFO) has made its first charges in relation to offences under the Bribery Act, it has announced.”

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OUT-LAW.com, 16th August 2013

Source: www.out-law.com

G4S faces criminal probe after overcharging taxpayer millions for electronic tags – Daily Telegraph

Posted July 12th, 2013 in crime, electronic monitoring, news, Serious Fraud Office by tracey

“G4S is facing a criminal investigation after it billed the taxpayer millions of pounds to electronically tag criminals who had died, left the country or gone back to jail.”

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Daily Telegraph, 11th July 2013

Source: www.telegraph.co.uk

SFO considers criminal inquiry into alleged price fixing by oil firms – The Guardian

Posted May 17th, 2013 in energy, inquiries, news, price fixing, Serious Fraud Office by sally

“The Serious Fraud Office said on Thursday it is considering a criminal inquiry into alleged price fixing at BP and other oil companies already being investigated by European competition authorities.”

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The Guardian, 16th May 2013

Source: www.guardian.co.uk

Serious Fraud Office investigation reports published – Attorney General’s Office

Posted March 6th, 2013 in news, reports, Serious Fraud Office, whistleblowers by sally

“The Attorney General has sent two reports dealing with allegations of misconduct at the SFO to a parliamentary committee.”

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Attorney General’s Office, 4th March 2013

Source: www.gov.uk/ago

Related links: Sir Alex Allan report (PDF) and report by Tim Hurdle (PDF)

Serious Fraud Office inspection report published – Attorney General’s Office

Posted November 21st, 2012 in Crown Prosecution Service, news, reports, Serious Fraud Office by sally

“The Attorney General has today published HM Crown Prosecution Service Inspectorate’s report on the SFO.”

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Attorney General’s Office, 20th November 2012

Source: www.attorneygeneral.gov.uk

SFO pulls plug on Kaupthing investigation – The Independent

Posted October 16th, 2012 in banking, evidence, news, Serious Fraud Office by tracey

“The Serious Fraud Office (SFO) today called a halt to its high-profile three-year investigation into the UK’s links to a failed Icelandic bank.”

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The Independent, 15th October 2012

Source: www.independent.co.uk

SFO removes preference for civil settlement from Bribery Act self-reporting guidance – OUT-LAW.com

Posted October 11th, 2012 in bribery, news, prosecutions, Serious Fraud Office by sally

“Businesses that ‘self-report’ illegal acts of bribery to the Serious Fraud Office (SFO) could still face prosecution in cases where there is a ‘reasonable prospect of conviction’ and if it is ‘in the public interest’ to do so, the SFO has said.”

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OUT-LAW.com, 11th October 2012

Source: www.out-law.com

Serious Fraud Office denies dropping its inquiry into Robert Tchenguiz – The Guardian

Posted September 17th, 2012 in bail, news, Serious Fraud Office by sally

“The Serious Fraud Office has denied that it is poised to abandon its investigation into Robert Tchenguiz, despite releasing the property magnate from his bail conditions late last week.”

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The Guardian, 16th September 2012

Source: www.guardian.co.uk

Asil Nadir jailed for ten years for ‘theft on a grand scale’ – Daily Telegraph

Posted August 23rd, 2012 in false accounting, fraud, news, sentencing, Serious Fraud Office, theft by sally

“Former fugitive Asil Nadir has been sentenced to 10 years in prison after being found guilty of stealing more than £28 million from his Polly Peck business empire.”

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Daily Telegraph, 23rd August 2012

Source: www.telegraph.co.uk