By Neil Hodge2023-07-10T18:25:00
A former assistant commissioner of London’s Metropolitan Police Service has been announced as the next director of the U.K. Serious Fraud Office (SFO).
Nick Ephgrave will succeed Lisa Osofsky at the end of September for an initial five-year term.
Hopes are high his time in office will prove better than Osofsky’s, whose controversial tenure saw her failure to secure the prosecutions of several large companies and their directors (e.g., Tesco, G4S) and follow established legal procedure, resulting in the collapse of key cases (e.g., Serco, Unaoil).
2024-04-22T13:00:00Z By Jeff Dale
The U.K.’s Serious Fraud Office said in a five-year strategic plan it’s “struggled to keep pace with demand” as ballooning casework shows no signs of slowing down.
2024-02-14T21:21:00Z By Kyle Brasseur
“Under my leadership, the SFO will be bolder, more pragmatic, more proactive,” said Nick Ephgrave in his first public speech as head of the U.K. Serious Fraud Office.
2023-12-06T20:00:00Z By Kyle Brasseur
The U.K. Serious Fraud Office launched a fraud investigation into AOG Technics over allegations the company supplied fake airplane engine parts to major airlines across the globe.
2025-09-11T20:53:00Z By Neil Hodge
Europe’s banking regulator warns that weak compliance at fintech, regtech, and crypto firms may let money laundering and terrorist financing risks slip through. The EBA also found EU regulators’ approaches are often inconsistent and unclear.
2025-09-10T22:24:00Z By Adrianne Appel
California, Colorado, and Connecticut launched a joint enforcement sweep against businesses that fail to honor consumers’ online opt-out requests, the states announced Tuesday.
2025-09-09T16:51:00Z By Oscar Gonzalez
A Houston-based freight forwarder, Fracht FWO Inc., will pay $1.6 million for violating U.S. sanctions tied to Venezuela and Iran, according to the Treasury Department’s Office of Foreign Assets Control (OFAC). The fine comes as OFAC ramps up enforcement in recent months.
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