By
Kyle Brasseur2023-07-20T15:01:00
Recruitment and retention are among the biggest issues facing the U.K. Serious Fraud Office (SFO) as the agency gets set for a new director to take the reins.
The SFO on Tuesday published its annual report for 2022-23, in which outgoing Director Lisa Osofsky balanced praise for the agency’s work against acknowledgement of the areas improvement is needed. Osofsky will leave the SFO in September, when Nick Ephgrave, a former assistant commissioner of London’s Metropolitan Police Service, will take over.
Ephgrave already has a tall task ahead of him in overhauling the SFO’s culture and performance after a pair of independent reviews completed last year shined a spotlight on deficiencies at the agency that led to significant errors in high-profile cases against Unaoil and Serco.
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2023-11-14T20:28:00Z By Aaron Nicodemus
The U.K. Serious Fraud Office launched an investigation into collapsed law firm Axiom Ince and an estimated £66 million (U.S. $82.5 million) worth of client funds that went missing.
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High staff turnover, low morale, and unattractive rates of pay are among the areas legal experts pointed to when discussing the potential agenda of Nick Ephgrave upon taking over as head of the U.K. Serious Fraud Office.
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A Florida school has agreed to pay more than $1.7 million for enrolling children whose parents had been sanctioned by the U.S. for their ties to Mexican drug cartels, the U.S. Department of the Treasury’s Office of Foreign Assets Control said Thursday.
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