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UK Tax Fraud Used to Fund Terrorism, Investigation Reveals

09-05-2019 Written by admin Category: Financial Crime

Tens of millions of pounds of British taxpayers’ money has been stolen and used to fund terrorist operations, an investigation by the Sunday Times has revealed. A network of gangsters based in London, Buckinghamshire, Birmingham, north-west England and Scotland, used VAT and benefits fraud for over 20 years, with additional gains made from credit card […]

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Government Delays Planned Increase in Probate Fees

09-05-2019 Written by admin Category: News & Announcements

The planned hike in probate fees – which had been scheduled to take place from April 1 – has been delayed as a consequence of ongoing parliamentary Brexit discussions. An official from the Ministry of Justice (MoJ) explained that, for a new structure for probate fees to be introduced, an approval motion must be scheduled […]

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London Capital & Finance: Arrests Made Following Collapse of £236bn Firm

26-04-2019 Written by admin Category: Financial Crime

Four arrests have been made as part of a Serious Fraud Office investigation into investment company London Capital & Finance, which went into administration in January. The defunct firm is under investigation for mis-selling. Thousands of investors were drawn in by a £60m marketing campaign which promised secure ISAs with a high rate of interest. […]

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Wilford Smith Solicitors Partners in an Exciting Venture to Shake Up the Conveyancing Industry

26-04-2019 Written by admin Category: Commercial Conveyancing

Wilford Smith is delighted to announce that we will be collaborating with Elite Conveyancing to launch an exciting new venture which promises to revolutionise the conveyancing industry and attract some of the best talent within the field. This strategic partnership offers conveyancing solicitors the opportunity to become self-employed consultants, operating under the Wilford Smith umbrella […]

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Thousands of International Students Left in Limbo by English-Language Test Scandal

26-04-2019 Written by admin Category: News & Announcements

It has been claimed that thousands of overseas students who were caught up in an English-language test cheating scandal five years ago have been left in limbo due to Home Office failures. Campaigners for the affected students have revealed how many have been left unable to demonstrate their innocence, complete their studies and have in […]

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Government’s Post-Brexit Immigration Plans Would Cost Employers £1bn and ‘Risks New Windrush Scandal’

26-02-2019 Written by admin Category: News & Announcements

The government’s proposed immigration plans for after the UK leaves the EU would cost employers over £1bn in additional administration costs over the following five years and “risks creating a new Windrush scandal” according to a new report. The plans, published in the government’s Immigration White Paper, would also cause harm to the UK’s higher […]

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Confiscation caution (POCA)

06-02-2019 Written by admin Category: Financial Crime

Double digit rises in house values over the last decade has unintended consequences for individuals subject to confiscation orders: Introduction: It’s long been the case that the authorities, particularly the police, have pursued individuals by way of confiscation applications in accordance with the Proceeds of Crime Act 2002 (POCA). It’s often said a to be […]

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Former bosses of Barclays face trial over Qatar deals

05-02-2019 Written by admin Category: Financial Crime

The trial of four of the most senior bankers at Barclays began in one of the most high-profile cases to have reached court since the financial crash of 2008. John Varley, who was formerly the bank’s chief executive, will appear alongside colleagues Tom Kalaris, Roger Jenkins and Richard Boath charged with conspiracy to commit fraud […]

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Santander fined for ‘serious failings’ in probate process

05-02-2019 Written by admin Category: Financial Crime

Santander UK has been fined £32.8 million by the Financial Conduct Authority (FCA) for holding on to millions of pounds in deceased customer accounts, in some cases for over two decades after their deaths. The FCA found the bank had failed to treat customers and their next of kin fairly by delaying or not completing […]

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Power of Attorney refunds – more than £11 million paid out

05-02-2019 Written by admin Category: News & Announcements

New figures have revealed that over £11 million has been refunded to people who registered a Lasting Power of Attorney in England and Wales, but many more may be due sums under a recently introduced government scheme. The Ministry of justice declared in February that people who put in place a Power of Attorney between […]

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