Q&A: Liquidating a multi-billion dollar Ponzi scheme

Career Q&A: Liquidating a multi-billion dollar Ponzi scheme

10m Jeremy Chan

Q&A: Liquidating a multi-billion dollar Ponzi sche...

Forensic accountant talks Allen Stanford, litigation, and the future of accountancy Read More...

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Over £1bn of alleged fraud hits UK Courts

Security Over £1bn of alleged fraud hits UK Courts

1y Leanna Reeves

Over £1bn of alleged fraud hits UK Courts

The value of alleged cybercrime cases reached over £1 billion in UK Courts in 2019, according to research by KPMG – showing fraudsters are becoming mo...

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Deloitte pursues KPMG over audit of Goals Soccer Centres

Audit Deloitte pursues KPMG over audit of Goals Soccer Centres

1y Chris Jewers

Deloitte pursues KPMG over audit of Goals Soccer C...

Investigations into accounting fraud at Goals has involved HMRC, the FCA, BDO, RSM, Deloitte and could see KPMG on the wrong end of legal action, acco...

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Examining public financial management in fragile states

Practice Examining public financial management in fragile states

1y Salema Hafiz, CIPFA, International Acting Divisional Director

Examining public financial management in fragile s...

Financial management issues characteristic of fragile states include widespread corruption, fraud, low tax collection and highly bureaucratic environm...

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Toppled from the top – The risk of fraud

Audit Toppled from the top – The risk of fraud

2y Roger Isaacs

Toppled from the top – The risk of fraud

Roger Isaacs - Forensic Partner at Milsted Langdon - talks about the Patisserie Valerie collapse and what its impact has been and the role of forensic...

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SFO corporate cooperation guidance – How far should you go to cooperate?

Regulation SFO corporate cooperation guidance – How far should you go to cooperate?

2y Johnny Shearman and Elliott Fellowes

SFO corporate cooperation guidance – How far shoul...

Would you know what to do if you uncovered wrongdoing? New guidance from the SFO sets out, for the first time, indicators of good practice which the S...

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Value of Fraud Cases reaching UK Courts decreased in H1 2019

Security Value of Fraud Cases reaching UK Courts decreased in H1 2019

2y Chris Jewers

Value of Fraud Cases reaching UK Courts decreased ...

Roy Waligora, KPMG UK head of investigations said: “We are noting a worrying move from criminals simply hacking as a means to an end to being industri...

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What are Brexit’s implications for cross-border fraud in the UK?

Brexit What are Brexit’s implications for cross-border fraud in the UK?

2y Marc McAuley, Counter Fraud Services Lead

What are Brexit’s implications for cross-border fr...

Marc McAuley, Counter Fraud Services Lead at CIPFA, discusses the issue of cross-border fraud and the implications Brexit may have on it. Read More...

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Mandate fraud losses approach £100m in 2018/19

Security Mandate fraud losses approach £100m in 2018/19

2y Chris Jewers

Mandate fraud losses approach £100m in 2018/19

According to the data obtained by RSM from the UK’s national fraud and cyber-crime reporting centre, businesses lost a total of £99,283,213 to mandate...

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Patisserie Valerie: Restructuring firm FRP to take over from KPMG

Grant Thornton Patisserie Valerie: Restructuring firm FRP to take over from KPMG

2y Chris Jewers

Patisserie Valerie: Restructuring firm FRP to take...

FRP Advisory, a restructuring firm, were chosen by creditors that include HMRC and Luke Johnson, the former chairman of Patisseries Valerie. Read More...

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Getting control over business expenditure

Corporate Finance Getting control over business expenditure

2y Ian Smith, Finance Director and GM at Invu

Getting control over business expenditure

With Accounts Payable fraud on the rise Ian Smith, Finance Director and GM at Invu, looks at whether technology can save businesses from a brewing cri...

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HP and Autonomy - The use of evidence in and from foreign proceedings

Company News HP and Autonomy - The use of evidence in and from foreign proceedings

2y Charles Pugh and Edmond Fung

HP and Autonomy - The use of evidence in and from...

Oury Clark solicitors give an insight into the HP and Autonomy accounting fraud case, assessing the use of foreign evidence in proceedings. The trial ...

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Phone security expert lauds HMRC’s response to scam surge

HMRC Phone security expert lauds HMRC’s response to scam surge

2y Dave Beach

Phone security expert lauds HMRC’s response to sca...

New statistics from HMRC reveal a surge in phone scam reports, yet telco security experts, Callsign, have praised the taxman’s counter fraud efforts. ...

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Top accounting scandals in 2018

Audit Top accounting scandals in 2018

2y Virginia Blackburn

Top accounting scandals in 2018

A summary of the cases of financial scandals, accounting fraud and corporate fraud which capitivated us last year and their implications Read More...

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“Fraud is complex and rarely about one issue,” says BDO

Governance “Fraud is complex and rarely about one issue,” says BDO

2y Emanuela Hawker, Reporter

“Fraud is complex and rarely about one issue,” say...

The firm’s annual FraudTrack report reveals that, whilst the value of fraud cases has dropped, it is still a prevalent issue in the UK. Read More...

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Patisserie Valerie rescued in management buyout backed by Causeway Capital Partners

Audit Patisserie Valerie rescued in management buyout backed by Causeway Capital Partners

2y Lucy Skoulding, Reporter

Patisserie Valerie rescued in management buyout ba...

After being on the brink of complete collapse, Patisserie Valerie and 2,000 of its jobs has been saved Read More...

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Patisserie Valerie receiving multiple bids despite being shrouded in fraud

Audit Patisserie Valerie receiving multiple bids despite being shrouded in fraud

2y Lucy Skoulding, Reporter

Patisserie Valerie receiving multiple bids despite...

Over 920 people who were made redundant due to store closures will not be paid this month Read More...

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How did fraud come about in the Patisserie Valerie case?

Insolvency How did fraud come about in the Patisserie Valerie case?

2y Lucy Skoulding, Reporter

How did fraud come about in the Patisserie Valerie...

Simon Bonney, partner and insolvency expert, said “It is difficult, given the extent of the fraud, that this isn’t something that could have been spot...

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Should Tesco directors ever have faced fraud trial?

Legal Should Tesco directors ever have faced fraud trial?

2y Beth McLoughlin

Should Tesco directors ever have faced fraud trial...

Questions have been raised about the use of DPAs by the Serious Fraud Office (SFO) case after the case against final defendant Carl Rogberg was droppe...

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Patisserie Valerie admits supplier payment issues amidst fraud investigation

Business Patisserie Valerie admits supplier payment issues amidst fraud investigation

2y Lucy Skoulding, Reporter

Patisserie Valerie admits supplier payment issues ...

Interim CFO Nick Perrin said "It was identified that there are many creditors with a large backlog of unpaid invoices." Read More...

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Patisserie Valerie: Reflections and future predictions on the cake business fraud scandal

Business Patisserie Valerie: Reflections and future predictions on the cake business fraud scandal

2y Lucy Skoulding, Reporter

Patisserie Valerie: Reflections and future predict...

Accountancy Age catches up with Gavin Pearson, forensic accounting and expert witness partner at Quantuma on the Patisserie Valerie accounting investi...

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KPMG South Africa embroiled in VBS corruption scandal

Practice KPMG South Africa embroiled in VBS corruption scandal

3y Lucy Skoulding, Reporter

KPMG South Africa embroiled in VBS corruption scan...

As if the Gupta family scandal wasn't enough, KPMG South Africa is wrapped up in a new catastrophe involving corruption at VBS Mutual Bank Read More...

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Tax fraud investigations: one step forward and two steps back?

Tax Tax fraud investigations: one step forward and two steps back?

3y Tessa Lorimer, Barrister

Tax fraud investigations: one step forward and two...

Common Reporting Standards will help investigating agencies but it's no windfall - the hurdles of UK Admissibility, Brexit and countries' economies co...

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What does HMRC advise businesses on VAT fraud prevention?

VAT What does HMRC advise businesses on VAT fraud prevention?

3y Nicola Sharp, Senior Associate Solicitor

What does HMRC advise businesses on VAT fraud prev...

HMRC explains that companies can avoid VAT penalties in future “by not becoming involved in any transactions connected with VAT fraud’’ Read More...

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HMRC ‘slow to act’ on VAT fraud, tougher stance needed for online marketplaces

HMRC HMRC ‘slow to act’ on VAT fraud, tougher stance needed for online marketplaces

4y Emma Smith, Managing Editor

HMRC ‘slow to act’ on VAT fraud, tougher stance ne...

The Public Accounts Committee has called on HMRC to act with urgency to tackle VAT fraud, and disputed that the revenue authority has the ability to c...

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HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act

HMRC HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act

4y Alia Shoaib, Reporter

HMRC invests in Fraud Investigation Service ahead ...

HMRC has increased investment in its Fraud Investigation Service staff, suggesting that investigations into large corporates may be in progress Read M...

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FRC closes investigation into PwC over Tesco accounts

Accounting Firms FRC closes investigation into PwC over Tesco accounts

4y Alia Shoaib, Reporter

FRC closes investigation into PwC over Tesco accou...

The Financial Reporting Council has announced the closure of an investigation into PwC’s auditing and accounting of Tesco Read More...

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