Fraud

HM Revenue and Customs (HMRC) has warned that self assessment customers who are starting to think about their annual tax returns for the 2021 to 2022 tax year should guard against being targeted by fraudsters. In the 12 months to August 2022, HMRC responded to more than 180,000 referrals of suspicio

The founder of US nonprofit Feeding Our Future and 46 other defendants face criminal charges for their alleged roles in a $250 million (£226m) fraud scheme that exploited a federally-funded child nutrition program during the COVID-19 pandemic.

Donald Trump has been accused of committing “astounding” fraud in order to “obtain incredible economic benefit . . . in stark violation of the law” in a legal case seeking $250 million from him. Letitia James, the New York state attorney-general, wants to see the former presi

The number of alleged fraud cases exceeding £100,000 has risen dramatically in the first half of 2022, according to KPMG UK’s latest fraud barometer. A total of 14 cases with a total value of £14 million reached Scottish courts in the first six months of the year &nd

Progress has been made towards recovering £21 million in illicit gains made by the former director of Midas Financial Solutions, who scammed investors out of £13m, the High Court in Edinburgh has heard. The legal bid to recover the £21m came from prosecutors who are trying to seize

Bernie Ecclestone, former chief executive of Formula One Group, appeared at Westminster Magistrates' Court on Monday for a brief hearing and entered a not guilty plea for the fraud charge brought against him for over $472 million (c.£401m) in undeclared overseas assets.

The Financial Conduct Authority (FCA) has issued a warning against loan fee fraud. Enquiries into the FCA’s contact centre about all types of scams were up 24% as a whole in June 2022 from a year earlier. In particular, reported loan fee fraud scams into the FCA’s contact centre were up

The Insolvency Services has been using new powers to tackle fraudulent use of Covid loans. Several directors have been banned in the last month after investigations showing misuse of Covid loan money.

British billionaire and former chief executive of Formula One Group, Bernie Ecclestone, has been charged with fraud, allegedly hiding more than £400 million from the UK government.

A 28 year-old Aberdeen banker has been convicted of selling customer details to the criminal underworld on the 'dark web' but was cleared of three charges alleging the theft of £7,500 from three customers. RBS banking consultant Aditya Rajiv was last week fined £4,200 for selling the bank account