A solicitor who complained to his bank about a missing transfer of £189,000 has been struck off because the money was never there and he faked various documents to back up his case.

https://www.legalfutures.co.uk/latest-news/solicitor-struck-off-for-deception-over-money-that-was-never-missing

 Nation states and hacktivists are cyber threats to law firms in addition to criminals, the government’s National Cyber Security Centre (NCSC) has warned.

https://www.legalfutures.co.uk/latest-news/gchq-nation-states-and-hacktivists-pose-cyber-threat-to-legal-sector

 Yorkshire-based boss of finance company found guilty of fraud, false accounting and forgery after abusing millions of pounds of investors’ money to buy racehorses and fund other businesses.

https://www.gov.uk/government/news/leeds-finance-boss-sentenced-for-20-million-fraud

 Two financial advisors who committed a series of fraud offences have been jailed following an investigation by Cumbria Constabulary.

The constabulary led the investigation as the company the men worked for when they carried out the frauds – Quintillion Asset Management – was registered in Cumbria.

 Judges will be given greater powers to dismiss lawsuits designed purely to evade scrutiny and stifle freedom of speech through government amendments to the Economic Crime and Corporate Transparency Bill.

https://www.gov.uk/government/news/crackdown-on-criminals-silencing-critics-to-be-added-to-economic-crime-bill

 TSB Bank has called on Meta to make urgent interventions to protect consumers from spiralling levels of fraud with customers at risk of losing hundreds of millions of pounds.

According to current industry projects, consumers could lose up to £250m from Meta platforms in 2023 without action from the tech giant.

https://www.cityam.com/tsb-calls-on-meta-to-make-urgent-interventions-on-fraud-or-consumers-risk-losing-up-to-250m/

 People need to take greater “personal responsibility” to protect themselves against fraudsters, Suella Braverman said.

The Home Secretary highlighted a Government target to reduce fraud by 10% from 2019 levels by the end of 2024, but said that a “culture change” in the public was also needed.

https://www.expressandstar.com/news/uk-news/2023/06/14/people-need-to-take-responsibility-for-protecting-against-fraud-says-braverman/

 Figures show marked falls in conviction rates for fraud cases referred by HMRC and DWP.

More than 2,000 people have been prosecuted on suspicion of defrauding different parts of government over the past four years, but numbers are dropping at government's two biggest departments, according to the Cabinet Office.

https://www.civilserviceworld.com/professions/article/dwp-hmrc-government-fraud-prosecutions-covid-strikes-blame-chisholm

 Changes are coming for businesses that deal with services that are a high fraud risk, meaning law firms are one of the most affected industries. Following the government’s announcements of the impending ‘failure to prevent fraud’ offence amendment to the Economic Crime and Corporate Transparency Bill, the time to prepare is now.

https://www.legalfutures.co.uk/blog/how-are-you-preparing-for-the-incoming-failure-to-prevent-fraud-offence

 Sports bodies and owners of broadcast rights for sports events should invest in monitoring for illegal streaming and consider the options they have for enforcing their rights against infringers in the context of their commercial objectives, according to experts in dispute resolution and brand protection in the sports sector.

https://www.pinsentmasons.com/en-gb/out-law/news/sports-bodies-have-options-tackling-illegal-streaming