Private Sector

Dea McGill, a former director of Dundee’s Brassica restaurant, has been charged with theft, embezzlement and fraud after the restaurant fell into administration last year.

A MOTHER who was struggling to pay for Christmas has admitted fraudulently spending almost £1,000 on online goods.

The convicted admitted to defrauding the company in order to fund his drug habit and has been sentenced to two years in jail.

A woman who stole nearly £117,000 from a Chichester business has pleaded guilty at court.

A CO Antrim man was today ordered to stand trial on a series of fraud and forgery charges.

In a matter of a few weeks Nafeesa Shabbir helped criminals fraudulently withdraw £47,902 from four business accounts

Small businesses are the primary target for cyber attacks, yet most are unprepared and do not think they will be targeted, a survey reveals

https://www.computerweekly.com/news/252467348/Most-SMEs-severely-underestimate-cyber-security-vulnerabilities

Consider the terms ‘fraud’, and ‘waste’. While fraud conjures up the emotions of anger, alongside romanticised mental imagery of scheming criminals versus noble forces, waste is a far less emotive and enticing concept. However, in an industry as complex as programmatic, with a multitude of nodes interlinking at various touchpoints, small amounts of wastage can build into as serious a problem as fraud, if not more so.

https://www.exchangewire.com/blog/2019/07/24/with-all-the-talk-of-fraud-the-industry-overlooks-waste/

A former estate agent who ran his own business and commended great respect locally has been jailed for two years.

Walter Forbes, then aged 30, set up Comp-U-Card (CUC) in 1973 with Kirk Shelton. The company sold membership cards that allowed customers to buy goods and services from selected firms at discounted rates. During the 1980s and early 1990s the firm grew, attracting 30 million customers. It also started buying other companies, culminating in a 1997 merger with HFS Incorporated, which owned various franchises and hotel chains. The newly merged firm was renamed Cendant in 1997.

https://moneyweek.com/510835/great-frauds-in-history-walter-forbes/#.XTArlIdsPE0.twitter