The problem with the Serious Fraud Office is that it has constantly tried to over-hype itself and then under-delivered, argues our Senior Investigator, Tony McClements.
Only a relatively small number of companies are set up as vehicles for fraud, so the UK’s relaxing of its wrongful trading rules – while companies struggle with cashflow during the Covid-19 pandemic – is to be welcomed.
When one police force in the UK filed away 96% of fraud complaints without looking at them, you know there’s a problem.
UK police forces continue to suffer under the severely adverse consequences of the British government’s fiscal “austerity” measures.
Russia and its oligarchs are not alone in their kleptomaniac, money-laundering endeavours.