SFO conviction rates rises
Fraud investigations secure more convictions and recovers more money
Figures released by the Serious
Fraud Office show that its conviction rate has risen from 78% in 2008 to 91%
SFO Director, Richard Alderman said: “With reduced funding we continue to
work ininnovative ways. This year has seen a number of firsts for us, including
the first every UK prosecution for breaching UN sanctions and use of cash
seizure and other powers to return more money to victims of fraud and
corruption. It has been a good year but next year we plan to do better.”
The SFO has also increased the funds it has returned to victims with £4m hand
back in 2009 compared to less than a million the previous year.
Investigations have secured £12m in fines against nothing the year before.