Fraud

Bank of Scotland-owner Lloyds Bank has warned of a rising scam which has costing victims an estimated £6.6 million so far, where rogue retailers are using fake websites to trick people into purchasing items that are never dispatched. Tens of thousands of credit and debit card customers ha

The jailed former office manager of an Edinburgh property firm who embarked on a luxury lifestyle after embezzling company funds has been ordered to pay back more than £211,000. Emma Hunt, 38, who was imprisoned for three years in August last year after a jury found her guilty of fraud and emb

Public sector fraud in Scotland has risen by almost 50% according to Audit Scotland. A data matching exercise, part of the UK-wide National Fraud Initiative (NFI), detected £21.5 million worth of fraud and payment errors across the Scottish public sector.

A manager who embezzled just over £40,000 from vulnerable residents at a social care charity has been imprisoned for 12 months. Violet Connor, 67, of Glenrothes, stole money from the bank accounts of Sense Scotland users over a three-year period.

A salesman who was found guilty of being part of a £3.3 million fraud against Edinburgh University has been jailed for seven years. Aasim Johar, 54, colluded with the university’s former assistant director of estates and buildings Geoff Turnbull to mastermind a bogus procurement scheme t

Companies House has implemented new and enhanced powers aimed at fortifying the integrity of its data and curbing the misuse of the companies register.

A former office manager of an Edinburgh property firm has been sentenced to three years' imprisonment after defrauding her employers and its clients of over £900,000. Emma Hunt, 37, spent thousands on parties, hospitality at sporting events, hotel stays, a five-star Caribbean holiday, cars, an

Advice Direct Scotland has revealed a significant rise in online investment scams this year, resulting in Scottish residents losing at least £120,000 to cyber criminals. The spike in fraudulent activity has largely been attributed to the misuse of social media platforms, such as Facebook, Twit

In a revelation by the UK's Information Commissioner’s Office (ICO), it has emerged that a former tracing agent for Royal Bank of Scotland, resorted to unscrupulous methods to assist the bank in debt recovery.

Criminals stole over £1.2 billion through financial fraud in the UK in 2022, according to the Annual Fraud Report released by UK Finance.

A Highland businessman has been sentenced to 13 months in prison for attempting to defraud an insurance company out of £400,000 by setting fire to his own properties. Michael Maggs, 52, of Beaufort, Culbokie, had been developing three properties at Earlseat Steading, Moyness, near Nairn when f

The UK government has announced that the maximum jail sentence for tax fraud will double from seven to 14 years for the most "egregious" forms of evasion. The Treasury announced the change in last week's spring budget and said it will consult on the introduction of a new criminal offence for pr

The former director of Midas Financial Solutions has been ordered to hand over only £814.35 despite having made more than £13 million from his Ponzi scheme. Scottish businessman Alistair Greig, 69, originally from Cairnbulg in Aberdeenshire, who is currently serving a ten-year priso

The number of alleged fraud cases over £100,000 being heard in Scottish courts rose significantly last year, according to KPMG UK’s latest bi-annual Fraud Barometer. A total of 24 cases totalling £17.4 million reached Scottish courts in 2022, up from 2021, when 16 cases worth &poun

Three former lawyers and two other men who masterminded a £1.48 million bank and property money-laundering operation have been jailed for a total of 30 years and four months.