Key fraudster behind wines and spirits ‘Ponzi’ scheme gets five years – The Guardian

“One of the key figures behind a Mayfair-fronted Ponzi scheme has been sentenced to five years imprisonment after admitting his part in a multimillion-pound wine and spirits investments fraud targeted at American doctors.”

Full story

The Guardian, 17th August 2011

Source: www.guardian.co.uk

Macmillan Publishers ordered to pay £11.3m – BBC News

Posted July 22nd, 2011 in bribery, corruption, costs, fines, news, publishing, Serious Fraud Office by sally

“Macmillan Publishers has been ordered to pay £11.3m for ‘unlawful conduct’ related to its education division in East and West Africa.”

Full story

BBC News, 22nd July 2011

Source: www.bbc.co.uk

Phone hacking: Serious Fraud Office considering investigation into News Corp – Daily Telegraph

Posted July 18th, 2011 in corruption, fraud, media, news, police, Serious Fraud Office by sally

“The Serious Fraud Office will give ‘full consideration’ to calls for it to launch an investigation into Rupert Murdoch’s News Corporation, a spokeswoman said today.”

Full story

Daily Telegraph, 18th July 2011

Source: www.telegraph.co.uk

Corporate hospitality must be reasonable and proportionate says SFO – OUT-LAW.com

Posted July 12th, 2011 in bribery, corruption, news, Serious Fraud Office by tracey

“The Serious Fraud Office (SFO) will look at five factors when considering whether corporate hospitality breach new anti-corruption laws, it has said.”

Full story

OUT-LAW.com, 11th July 2011

Source: www.out-law.com

Solicitor General: Speech to Annual Conference of the Institute of Money Laundering Prevention Officers – Attorney General’s Office

“Solicitor General: Speech to Annual Conference of the Institute of Money Laundering Prevention Officers on 16th May 2011.”

Full speech

Attorney General’s Office, 16th May 20111

Source: www.attorneygeneral.gov.uk

Bribery Act: CPS/SFO Prosecution Guidance Published – Crown Prosecution Service

“Today, the Director of Public Prosecutions (DPP), Keir Starmer QC, and the Director of the Serious Fraud Office (SFO), Richard Alderman, issued joint guidance for prosecutors on the Bribery Act 2010.”

Full press release

Crown Prosecution Service, 30th March 2011

Source: www.cps.gov.uk

Standard Life Assurance Ltd and another v Topland Col Ltd and others – WLR Daily

Standard Life Assurance Ltd and another v Topland Col Ltd and others [2010] EWHC 1781 (Ch); [2011] WLR (D) 92

“The disclosure of information by a person to the Serious Fraud Office (‘SFO’) pursuant to the latter’s statutory powers under the Criminal Justice Act 1987 did not give rise to any implied undertaking to any court not to use the documents other than for the purposes of a prosecution, actual or potential, or any undertaking to the court not to provide them to any person other than through one of the gateways under section 3 of the Act.”

WLR Daily, judgment reissued 14th March 2011

Source: www.iclr.co.uk

Please note that once a case has been reported in one of the ICLR series the corresponding WLR Daily summary is removed.

De La Rue faces Serious Fraud Office inquiry over ‘falsified documents’ – The Guardian

Posted September 8th, 2010 in documents, fraud, news, Serious Fraud Office by sally

“Banknote printer De La Rue is at the centre of its second Serious Fraud Office probe in three years following allegations of corruption by the company’s employees totalling at least £1m.”

Full story

The Guardian, 7th September 2010

Source: www.guardian.co.uk

Asil Nadir trial could be ‘prosecutorial nightmare’, warn experts – The Guardian

Posted August 27th, 2010 in fraud, news, Serious Fraud Office, trials by sally

“A lengthy jury trial of the 69-year-old would be a ‘prosecutorial nightmare’ unprecedented in the history of the Serious Fraud Office, legal experts with knowledge of the case warned.”

Full story

The Guardian, 26th August 2010

Source: www.guardian.co.uk

Fraudster jailed for £34m Ponzi scheme – The Independent

Posted April 19th, 2010 in fraud, news, sentencing, Serious Fraud Office by sally

“A Ponzi-scheme fraudster who lived a life of luxury after conning £34m out of his 8,500 victims has been jailed for 10 years.”

Full story

The Independent, 17th April 2010

Source: www.independent.co.uk

First British executive jailed for corrupting foreign officials – The Guardian

Posted April 15th, 2010 in bribery, corruption, news, sentencing, Serious Fraud Office by sally

“The first British executive convicted of corrupting foreign officials to land contracts was today jailed for a year.”

Full story

The Guardian, 14th April 2010

Source: www.guardian.co.uk

SFO counters critics with improved conviction rate – The Guardian

Posted April 6th, 2010 in compensation, fraud, news, Serious Fraud Office by sally

“The Serious Fraud Office published figures today showing its conviction rate had jumped over the last year despite steep budget cuts in a direct riposte to critics who have called for the crime agency to be scrapped.”

Full story

The Guardian, 1st April 2010

Source: www.guardian.co.uk

Judge says plea deal tied his hands over fine for corrupt firm – The Guardian

Posted March 27th, 2010 in bribery, corruption, fines, news, plea bargaining, Serious Fraud Office by sally

“A senior judge today criticised the Serious Fraud Office for striking plea bargains which let off corrupt companies too lightly.”

Full story

The Guardian, 26th March 2010

Source: www.guardian.co.uk

Bernard Madoff prosecutions dropped by SFO – BBC News

Posted February 2nd, 2010 in fraud, news, Serious Fraud Office by sally

“No prosecutions will take place in Britain in connection with the multibillion-dollar fraud carried out by Bernard Madoff.”

Full story

BBC News, 2nd February 2010

Source: www.bbc.co.uk

SFO unveils plans for US-style negotiations – The Times

Posted July 22nd, 2009 in news, Serious Fraud Office by sally

“The Serious Fraud Office (SFO) has for the first time formalised its approach towards businesses that come forward with bribery and corruption issues in return for leniency.”

Full story

The Times, 21st July 2009

Source: www.timesonline.co.uk

Serious Fraud Office asks for £15m to cover ‘urgent’ hole in budget – The Times

Posted January 14th, 2009 in fraud, news, Serious Fraud Office by sally

“Fraud investigators were accused yesterday of letting their budgets slide ‘out of control’ after asking ministers for an extra £15 million, the second request in two months.”

Full story

The Times, 14th January 2009

Source: www.timesonline.co.uk

Serious Fraud Office appoints first general counsel – The Times

Posted January 12th, 2009 in barristers, news, Serious Fraud Office by sally

“The Serious Fraud Office (SFO) has appointed a leading criminal barrister and fraud specialist to the new post of general counsel.”

Full story

The Times, 12th January 2009

Source: www.timesonline.co.uk

Statement on House of Lords ruling: Corner House v SFO – Attorney General’s Office

Posted August 1st, 2008 in bribery, corruption, news, Saudi Arabia, Serious Fraud Office by sally

“Statement on House of Lords ruling: Corner House v SFO.”

Full statement

Attorney General’s Office, 30th July 2008

Source: www.attorneygeneral.gov.uk

R (Corner House Research and another) v Director of the Serious Fraud Office (JUSTICE intervening) – WLR Daily

Posted July 31st, 2008 in bribery, corruption, law reports, Saudi Arabia, Serious Fraud Office by sally

R (Corner House Research and another) v Director of the Serious Fraud Office (JUSTICE intervening) [2008] UKHL 60; [2008] WLR (D) 267

“Where, following threats by a foreign state as to the consequences, affecting national security, if he pursued an investigation into alleged corruption, the Director of the Serious Fraud Office had discontinued it, he had been entitled in his discretion to do so.”

WLR Daily, 30th July 2008

Source: www.lawreports.co.uk

Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.

Regina (Corner House Research and Another) v Director of the Serious Fraud Office – Times Law Reports

Posted July 31st, 2008 in bribery, corruption, law reports, Saudi Arabia, Serious Fraud Office by sally

Regina (Corner House Research and Another) v Director of the Serious Fraud Office

House of Lords

“Where he took the view that protecting the lives of British citizens outweighed the public interest in pursuing an investigation into allegations of corruption, the Director of the Serious Fraud Office had been entitled to exercise his discretion to discontinue the corruption investigation following threats by a foreign state as to consequences affecting national security if he did not do so.”

The Times, 31st July 2008

Source: www.timesonline.co.uk

Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.