Private Sector

Emails in which hackers pose as someone else are on the rise, and the financial industry is taking the brunt of the blow.

https://www.itproportal.com/news/email-fraud-hitting-financial-businesses/

The financial controller of a Telford company stole almost half a million pounds from the firm by paying himself a double salary and ‘bonuses’ for six years.

https://www.shropshirestar.com/news/crime/2019/04/30/jailed-telford-financial-controller-in-443000-fraud-paid-himself-a-double-salary/

The severity of email scams is escalating for you and your finance team.

http://www.cfodailynews.com/court-personally-liable-bec-scams/

A criminal investigation into BT’s Italian division has uncovered a string of damning emails linking UK executives to alleged accounting fraud in the country.

A bogus Gatwick Airport parking chief, who was paid to look after cars in a secure car park but instead left them unlocked in fields, has been jailed for 14 months.

The proportion of UK firms reporting a cyber-attack has jumped, despite most businesses admitting they are under-prepared for breaches, according to research from Hiscox.

https://www.bbc.co.uk/news/business-48017943

Following new lines of enquiry police are investigating an incident of fraud, whereby two pieces of art were falsely purchased from a gallery in Cockermouth.

A TRUSTED assistant manager nearly brought the final curtain down on a 106-year-old theatre by stealing more than £273,000 from its coffers.

https://www.metro.news/theatre-boss-played-the-villain-with-273k-fraud/1514106/

Shares in FTSE 250-listed drug company Indivior crashed 70 per cent this morning after it was hit with a US indictment containing 28 felony counts last night.

The jury in the trial of four former senior Barclays executive accused of fraud for their part in a financial crisis-era emergency fundraising was discharged today.

http://www.cityam.com/275912/jury-discharged-trial-senior-barclays-executives-accused