An investigation into an Academy Trust that ended up with the Chief Executive being suspended has uncovered lavish spending on gift hampers, alcohol ordered to hotel rooms and unapproved severance payments.
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Police seize evidence in Vatican financial investigation
Posted on 4 Oct, 2019Italian police have raided the offices of the First Section of the Secretariat of State and the State Financial Information Authority at the Vatican and seized documents and electronic devices as part of an investigation
Potential investigation into Thomas Cook collapse
Posted on 27 Sep, 2019Business Secretary Andrea Leadsom has asked the Insolvency Service to open an investigation into the collapse of travel firm Thomas Cook “as a matter of urgency” and the Official Receiver will now look into the
Pay back the profits or face jail, HBOS scammers warned
Posted on 20 Sep, 2019Fraudsters jailed for a total of more than 18 years in the Halifax Bank of Scotland (HBOS) fraud scandal have been told to repay the profits they made or face extra time in jail.
Disclosure of Assets in Divorce: Potanina v Potanin
Posted on 17 Sep, 2019The UK’s biggest ever divorce case is due to be heard in the High Court after a Russian oligarch’s wife launched a legal bid to claim a third of his fortune.
One investigation leads to another
Posted on 17 Sep, 2019Rather like peeling an onion, financial investigations can often lead to further explorations of financial management. A good example of this is the Insolvency Service’s recent winding up of a magazine publisher.
LCF Financial investigation likely to be frustrated by legal action
Posted on 30 Aug, 2019Administrators for mini-bond firm London Capital & Finance (LCF) have warned that investors will have to wait longer than previously thought to receive their first dividend and that it could take several years to complete
Allegations of financial impropriety
Posted on 23 Aug, 2019Former senior executives at football pitch operator, Goals Soccer Centre (“Goals”), are under investigation over historic financial irregularities. The former Chief Executive and Finance Chief are alleged to have falsified invoices and deleted old emails
The importance of paperwork
Posted on 16 Aug, 2019A request for the public’s help in a financial investigation into the demise of London and Capital Finance (LCF) by the Financial Conduct Authority (FCA) highlights the importance of keeping records as evidence.
Calling in the experts
Posted on 9 Aug, 2019Medway Council has called in forensic accountants following the launch of a fraud investigation into the activities of the council’s trading company.
