Tags: Fraud

1.3bn lost to excessive expense claims

UK businesses lost more than £1.3bn through excessive and fraudulent expense claims during 2010, according to a report from expenses management firm GlobalExpense. Out of the £1.3bn loss, £324m was for fraudulent claims, and £999m was for claims outside company policy. On average 10% of claims were outside company policy in 2010. Managers were found…

David Holman of First Cyber Security has issued a warning that it can take just a few seconds for fraudsters to set up copycat websites designed to sell fake goods with some even adding false security certificates to deceive shoppers. Andrew Garbett, associate at international law firm Eversheds, comments: “We are seeing a growing number…

The website Doctors- notestore.com is brazenly selling false versions of the new fit notes which are described as “authentic looking replica doctors sick note or medical certificates. Written on official doctors’ notepaper, with real stamp.” This causes concern because, although the website claims the documents are “for novelty use only”, workers could try to use…

A London man, convicted and jailed for seven years in 2007 for VAT evasion, has been ordered to repay over £5.3 million under the Proceeds of Crime Act 2002. Harjit Singh Takkar (35) was given six months to pay £5,320,420 and told that failure to pay will result in a further sentence of ten years…

An unregistered gas fitter who illegally carried out work on properties across Nottingham with falsely issued gas safety certificates has been given a 12-month community service order and ordered to carry out 200 hours unpaid work. The Health and Safety Executive (HSE) prosecuted Paul Anthony Bailey (54) of Bridgnorth Drive, Nottingham, who traded as P…

Taxpayers and companies who deliberately evade taxes face having their name, address and details of their evasion made public after new legislation was put into force today. HM Revenue & Customs (HMRC) will be able to publish names and details of individuals and companies who are caught dodging their taxes from 1 April 2010. Stephen…