Postmasters’ convictions quashed

It is welcome news that judges have quashed the convictions of 39 sub-postmasters who were wrongly prosecuted by the Post Office for theft, fraud and false accounting between 2000 and 2014. During this time, the Post Office prosecuted at least 700 postmasters, based on information from an inaccurate computer accounting system called Horizon. Some postmasters […]

Read more


In-depth investigation finally snares ‘career criminal’

A conman who fleeced numerous businesses, as well as the NHS, to the tune of almost £1.4 million has finally been jailed for more than 11 years, having pleaded guilty to 12 counts of fraud and theft. Stephen Day claimed to the businesses that hired him that he was a financial turnaround consultant but used […]

Read more


Destroying evidence makes matters worse

At the recent hearing at the Court of Appeal into a case involving subpostmasters, who were prosecuted for defrauding the Post Office, it was alleged that the Post Office instructed employees to shred documents in a bid to destroy evidence. However, when its legal counsel heard about the plan, he cautioned that if these instructions […]

Read more


Health Chief quits amid financial investigation

The Chief Executive of Cornwall’s mental health and community hospitals organisation has resigned amid allegations of financial and governance failings. Phil Confue had been the Chief Executive of Cornwall Partnership NHS Foundation Trust (CPFT) for the past nine years. He has resigned following two external financial reviews, one of which investigated the allegation that Mr […]

Read more


Trump: Connecting the dots

It is said that every electronic transaction leaves a digital footprint, which is why anyone trying to cover their tracks shies away from the internet and traceable mobile calls. However, in some cases, a literal paper trail can also reveal interesting evidence, as one Trump Organisation employee has found out during his divorce proceedings, as […]

Read more


Fraudsters cashing in on Government COVID financial aid

According to the Chairman of the Fraud Advisory Panel, fraudsters have been doing their best to exploit the Government’s COVID financial aid packages. David Clarke estimates that billions of pounds have been paid to people who were not entitled to it, making this potentially the biggest fraud in British history. It is hardly surprising that […]

Read more


Investigation uncovers fraudulent Forestry Commission claims

A businessman who defrauded the Forestry Commission of almost £635,000 worth of Government grants has been banned from being a company director for 11 years. Pritesh Ladwa was sole director of The Forest Project TFP Limited (“TFP”), which was ostensibly set up to create new woodlands, from January 2013 to August 2018 when the company […]

Read more


Property developer sentenced after a complex, cross-border investigation into assets

A property developer has been sentenced in absentia to 21 months in jail on eight counts of contempt of court and breaching court orders to disclose assets. He was also ordered to pay £268,000 in costs. However, this sentencing is only the latest stage in these complex and ongoing proceedings that have involved more than […]

Read more


Divorce – A fair division of assets

Divorce is in the news at the moment, with the amicable split between Kim Kardashian and Kanye West and, more curiously, the landmark case of the Chinese housewife, who will receive 50,000 yuan (£5,460) for five years of unpaid labour. The financial stakes are rather higher in the ‘Kimye’ divorce, with more than $2.1 billion […]

Read more


Forensic accounting methods hitting the best-seller lists

The world of forensic accountancy may seem mysterious to the layperson but if anyone has read The Thursday Murder Club by Richard Osman, they will have been given a clear explanation of how powerful a forensic investigation can be. In the book, having engaged a forensic accountant, the elderly amateur sleuths can give the police […]

Read more


Neil Woodford bouncing back

Former star fund manager Neil Woodford is planning to start a new investment firm, even though the Financial Conduct Authority (FCA) has yet to conclude its investigation into his previous enterprise. The move has led to calls for an independent enquiry into how Mr Woodford, whose Woodford Investment Management was suspended in 2019, could bounce […]

Read more


‘A glimmer of hope’ for London Capital and Finance Investors

Thousands of investors who lost more than £200 million in the London Capital & Finance (LCF) savings scandal have been given new hope after the launch of a ground-breaking lawsuit. LCF collapsed in January 2019, leaving 11,600 investors, many of whom were elderly or new to investment, facing ruin. The firm’s advertisements had looked very […]

Read more


Forensic Accountants called in to examine Trump’s finances

The Manhattan District Attorney’s Office has hired forensic accountants to examine former President Donald Trump’s finances, particularly any anomalies in his property dealings. This is part of an investigation into ‘hush money’ payments that has been ongoing since 2018. Since it began, the investigation has been expanded to consider Donald Trump’s vast business empire, and investigators […]

Read more


Business interruption insurance claims – what can and cannot be claimed

More than 370,000 small businesses in England and Wales could eligible to claim via their Business Interruption insurance policies for disruption during the first Covid-19 national lockdown, following the Supreme Court’s important ruling. This ruling substantially allowed the appeal brought by the Financial Conduct Authority (FCA) and campaign groups Hiscox Action Group and Hospitality Insurance […]

Read more


Landmark ruling opens door to pandemic business interruption insurance claims

The national lockdowns, brought about by the Coronavirus pandemic, have decimated many small businesses, with a record number of owners planning to close their firms over the coming twelve months and putting the UK on course to lose up to 250,000 businesses. In fact, according to the Federation of Small Businesses’ (FSB) Small Business Index […]

Read more


Vatican investigation prompts financial reform

Pope Francis is pushing ahead with reforms of Vatican finances on the back of an ongoing investigation into a €200 million London property investment, which had been overseen by the Secretariat of State – the body at the heart of the Catholic Church’s central administration. A new law came into effect on 1 January 2021 […]

Read more


UK’s first Unexplained Wealth Order maintained

The woman in receipt of the UK’s first Unexplained Wealth Order (UWO) in 2018 has lost her battle in the Supreme Court to have the ruling overturned. Zamira Hajiyeva, the wife of a jailed Azerbaijani banker, may now lose her £12 million London home and other assets if she is unable to explain where the […]

Read more


Fraud – Spotting the anomalies

Eagle-eyed members of a council’s finance team have stopped an attempt by an organised crime gang to defraud a local authority out of more than £1 million. The staff at Hertfordshire County Council have passed their concerns to Hertfordshire Shared Anti-Fraud Service, which has launched an investigation, resulting in a number of ‘mule’ bank accounts […]

Read more


Hunter Biden: Accounting for Income

As Joe Biden is preparing to take office as President of the United States, it has been confirmed that a financial investigation is ongoing into the tax affairs of his son, Hunter. This is embarrassing for the president-elect, as he is currently deciding who will be his nominee for Attorney General – the person who […]

Read more


Call for evidence in Horizon IT investigation

The Chairman of the enquiry into the Post Office’s Horizon IT system has called for evidence relating to ‘events associated with its use’. In particular, the impact of the system’s failure and the subsequent actions of the Post Office against postmasters, employees and contractors. The inquiry was set up following a scandal dating back to […]

Read more


UK divorce rate increase highlights the importance of forensic advice

The latest figures from the Office for National Statistics (ONS) show that the number of opposite-sex couples getting divorced in England and Wales surged to 107,599 in 2019 – an increase of almost 20 per cent on the previous year and the highest level in five years. The ONS also recorded 822 same-sex divorces last […]

Read more


Complex investigation leads to jail term

A former rail ticket office clerk has been convicted of fraud by abuse of power and sentenced to three years in prison after a ‘complex investigation’ that involved scrutiny of CCTV and the ticketing system. Despite refusing to speak other than ‘no comment’ following his arrest, Mohammed Rahman pleaded guilty at his first appearance at […]

Read more


Evidence points to guilt of former BHS boss

Prosecutors in the recent trial of Dominic Chappell, who famously bought BHS for £1 from Sir Philip Green, used evidence from bank accounts, receipts, emails and interviews to persuade the jury of a guilty verdict for tax evasion. The jury at Southwark Crown Court found Mr Chappell guilty of failing to pay tax of around […]

Read more


Update on Holy See Scandal

A ‘security consultant’ with links to sacked Cardinal Becciu has been arrested under an international warrant issued by Vatican magistrates on suspicion of “embezzlement and aggravated misappropriation in complicity with others”. Cecilia Marogna was paid €500,000 (£454,000) through a company in Slovenia she operated to help missionaries in conflict areas. However, Cardinal Becciu, who was […]

Read more


Scrap paper trail reveals critical evidence

A recent case in Leicester highlights the fact that a forensic investigation involves much more than just looking at a company’s books. A recent civil court case uncovered fraudulent activity through the examination of business records noted in a “cash book” the business owner carried around with him, which were effectively just scraps of paper […]

Read more