Ink spots – advances in pen and print identification

The reprographics industry is continually pushing for better quality imaging at a lower price, with rapid adoption of new inks, papers and printing methods. Robert Stokes reports on how forensic document science is innovating to keep pace.

Detection, Document Examination, Technology

The Bribery Act: a preventative approach

The Serious Fraud Office (SFO) appears to be gearing-up enforcement of the Bribery Act, says Phil Beckett of Proven Legal Technologies, warning companies that if they fail to prevent financial crime, they could face large fines, official blacklisting from European contracts, and deferred prosecution agreements. Against this backdrop, and with renewed political interest in the form of a wide-ranging review of the UK’s ability to tackle bribery and white-collar crime, it would be wise for companies to examine this area more closely.

Data Mining & Analysis, Investigation, Technology, Bribery & Corruption, Europe

GSK fined £297m for bribery in China

GlaxoSmithKline, the UK pharmaceuticals group, was fined £297m on 19 September after a Chinese court found it guilty of "offering money or property to non-government personnel in order to obtain improper commercial gains".

Criminal & Civil Proceedings, Bribery & Corruption, Asia-Pacific

EU detects 1,500 containers of undervalued goods

European Union (EU) national customs authorities uncovered more than 1,500 containers of undervalued imported goods between February and March 2014 in a joint operation, which was the first of its kind involving Chinese customs authorities.

Tax Fraud, Europe

Test positive – a nuanced advance in detection technology

Customers come first - unless fraud is suspected - writes Scott Zoldi of FICO, and the race is on to refine automatic checks on their spending to better pinpoint the truly dishonest.

Data Mining & Analysis, Detection, Prevention, Psychology & Profiling, Technology

Finger vein scans aim to secure online banking transactions

Japanese electronics giant Hitachi is partnering Barclays Bank to trial finger vein pattern scanning for Barclays’ UK business customers to access online accounts starting 2015.

Prevention, Technology, Online Fraud

Stained white collar, or sullied frilly cuff?

Dr Janice Goldstraw-White draws upon her research interviews with white-collar offenders in prison to examine why women should not be discounted as potential fraudsters.

Detection, Psychology & Profiling, Surveys & Research

Confiscation orders: the Supreme Court’s decision in Ahmad [2014] UKSC 36

The UK Supreme Court gave judgment in the combined appeals of Ahmad and Fields on 18 June 2014, clarifying the proper approach to be adopted in confiscation proceedings where there is a finding of joint benefit (i.e. a number of defendants are found to have jointly obtained property). Polly Dyer of QEB Hollis Whiteman reviews the decision.

Criminal Confiscation & Civil Recovery, Criminal & Civil Proceedings, Europe

International cybercrime taskforce launched in Europe

An international Joint Cybercrime Action Taskforce (J-CAT) was launched on 1 September to step up the fight against online fraudsters in the European Union (EU) and beyond.

Law Enforcement, Investigation, Online Fraud, Asia-Pacific, Europe, Latin America & Caribbean, North America

Behind the numbers – a guide to financial services investigations

The technical complexity of many financial products and how they are traded calls for clear focus by an investigator on where the money flows and the incentives at work. Rob Mason of FRA explores the data collection and analysis that follow from this approach.

Data Mining & Analysis, Investigation, Market Abuse, Securities & Investment Fraud

China – corruption in the round

Xi Jinping, general secretary of the Chinese Communist party may have staked his political capital on a campaign against corruption but resistance to reform, not least among civil servants, constantly threatens to stall the agenda. Mark Godfrey, in Beijing, considers the vested interests at work.

Due Diligence, Bribery & Corruption, Asia-Pacific

NCA recovers more than US$7m in North Cyprus bank paper case

Britain’s National Crime Agency (NCA) this month recovered more than US$7 million (UK£4.22 million) after a High Court judge decided that a Turkish businessman was - on balance of probability - involved in international fraud and money laundering.

Criminal Confiscation & Civil Recovery, Criminal & Civil Proceedings, Financial Instrument Fraud, Money Laundering, Europe

UK loan guarantees under review by SFO

Britain’s Serious Fraud Office (SFO) has refused to confirm reports that it is investigating banks over their use of government loan guarantee schemes set up to help UK small businesses through the credit crisis and into the recovery.

UK Government & Public Sector, Loan Fraud, Europe

Younger fraudsters leap into prominence

The face of fraud is changing in the United Kingdom as big-time cheats become younger, according to global accountants KPMG.

Psychology & Profiling, Surveys & Research, Confidence Schemes, Data Loss, Telecoms Fraud

European currents – Brussels says member states must do more to protect EU interests

The latest European Commission annual report on European Union (EU) anti-fraud measures has highlighted concerns that member states may be doing far too little to detect EU-related financial crime.

Criminal & Civil Proceedings, Prevention, Surveys & Research, Europe

UK proposes criminal offence for tax evasion on offshore holdings

The UK Government is contemplating a strict liability criminal offence of failing to declare taxable offshore income and gains.

Legislation, Tax & Excise, UK Government & Public Sector, Tax Fraud, Europe

Global tax information exchange moves closer

The Organisation for Economic Cooperation and Development (OECD) has issued the full version of new global guidance for governments swapping financial data to tackle tax evasion.

International agencies, Tax Fraud