Finance directors and other higher earning company directors are facing a
growing threat from hi-tech fraudsters in Scotland, the police have warned.
Detective Chief Inspector Derek Robertson said criminals were infiltrating
call centres to empty personal bank accounts and were targeting the accounts of
high-rolling business people and blue-chip companies by hacking into computer
Scotland’s largest police force, Strathclyde, is currently leading ten major
investigations into hi-tech fraud involving international companies, Robertson
‘We are dealing with inquiries from top telecommunications companies, top
financial companies and business people around the world. These people are
targeting blue-chip companies that wouldn’t immediately spot £500,000 moving
from one account to another,’ he said.
In 2004, 17% of medium-to-large UK businesses suffered financial fraud
costing £121m, The Scotsman reported.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements