Private Sector

A number of financial scandals has prompted calls for tougher official controls to prevent fraud. Aziz Rahman, of business crime solicitors Rahman Ravelli, outlines why companies need to take steps themselves to reduce the potential for wrongdoing

http://www.thebusinessdesk.com/yorkshire/news/2033680-the-need-to-tackle-workplace-fraud#.XGc-lW8Vdig.twitter

LONDON, Feb 13 (Reuters) - Britain’s BT declined to comment on allegations made by Italian prosecutors that three former senior executives of the telecoms company were aware of fraud at its Italian unit.

https://uk.reuters.com/article/bt-italy-bt-response/bt-declines-to-comment-on-italian-fraud-probe-idUKL5N20861Z

(Bloomberg) -- A U.K. fraud trial of former Barclays (LON:BARC) Plc executives revealed how little some of them thought of the board, and how close they believed then-Chief Executive Officer John Varley was to losing his job as the lender tried to avoid a bailout at the peak of the financial crisis.

https://uk.investing.com/news/stock-market-news/varley-would-walk-the-plankif-barclays-funding-had-failed-1444328?ampMode=1

A SENIOR figure in an organisation funded by Oxfordshire taxpayers is due to stand trial on three counts of fraud.

https://www.bicesteradvertiser.net/news/17420368.oxlep-managers-fraud-trial-due/?ref=twtrec

David Dunckley could have asked for a better start to his term as boss of Grant Thornton.

http://www.cityam.com/272955/grant-thornton-and-fraudian-slip

Failed cake chain Patisserie Valerie have received a number of bids to buy it following its collapse last month.

A FIRM which lost almost £200,000 to online fraudsters is now suing the worker duped by bogus invoices.

https://www.sundaypost.com/fp/duped-sacked-now-sued-firm-demands-108k-from-worker-tricked-by-fraud-gang/?utm_source=twitter

Patisserie Valerie accountants have admitted to MPs, that when conducting an audit, they do not look for fraud, as audits solely look to the past and are not set up to detect fraud.

https://londonlovesbusiness.com/patisserie-valerie-accountants-grant-thornton-admit-they-do-not-look-for-fraud-in-audits/

A COAntrim man who racked up 480 fraudulent fuel card transactions amounting to more than £37,000 has been jailed.

Shiva Shadi – head of Employment at Davis Blank Furniss – on why employee fraud is alive and kicking.

http://www.thebusinessdesk.com/northwest/news/2036232-employee-fraud-is-alive-and-kicking#.XFOCvvi6Pqg.twitter