By Kyle Brasseur2024-02-14T21:21:00
In his first public speech as head of the U.K. Serious Fraud Office (SFO), Nick Ephgrave made clear his law enforcement background will lead to significant changes in how the agency handles its cases.
“Under my leadership, the SFO will be bolder, more pragmatic, more proactive,” said Ephgrave on Tuesday in remarks delivered at the Royal United Services Institute in London. “… We need to be bolder and explore new ways of doing things.”
Ephgrave joined the SFO at the end of September, succeeding Lisa Osofsky. His predecessor’s tenure was marred by controversy, including the failure to secure the prosecutions of several large companies and their directors (e.g., Tesco, G4S) and follow established legal procedure in key cases (e.g., Serco, Unaoil).
2024-08-23T15:47:00Z By Neil Hodge
Discrimination against whistleblowers in the U.K. has risen to such a level that the government may need to actively pursue plans to afford greater legal protection, as well as introduce financial awards to compensate for their “career suicide.”
2024-08-06T16:54:00Z By Adrianne Appel
Nearly all but a tiny minority of financial institutions saw their costs of financial crime compliance rise in 2023, a survey by LexisNexis and Oxford Economics found.
2024-05-31T15:47:00Z By Neil Hodge
The U.K. Serious Fraud Office last month published its five-year strategic plan outlining how it intends to improve information gathering and international cooperation, as well as its enforcement record.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
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