Yearly Archives: 2020

• SFO investigation into West London property secures £1.2m

  12th Nov 2020 | News Releases

  The SFO secured £1,198,424.78 from Julio Faerman, owner of a £4.25m luxury apartment in West London which the SFO suspected to have been partly purchased with the corrupt funds of its owner’s criminal conduct.

• SFO confirms investigation into Bombardier

  5th Nov 2020 | News Releases

  The SFO confirms it is investigating Bombardier Inc over suspected bribery and corruption in relation to contracts and / or orders from Garuda Indonesia. As this is a live investigation, the SFO can provide no further comment.

• SFO enters into Deferred Prosecution Agreement with Airline Services Limited

  30th Oct 2020 | News Releases

  The Serious Fraud Office has entered into a Deferred Prosecution Agreement (DPA) with Airline Services Limited (ASL) having today received final approval from Mrs Justice May.

• Serious Fraud Office releases guidance on Deferred Prosecution Agreements

  23rd Oct 2020 | Statements

  The SFO has today published a chapter from its handbook which offers comprehensive guidance on how we approach Deferred Prosecution Agreements (DPAs), and how we engage with companies where a DPA is a prospective outcome.

• SFO charges fifth individual with fraud at Balli Group and Balli Steel

  22nd Oct 2020 | Case Updates

  The SFO has today charged Vahid Alaghband with three fraud offences in relation to the activities of Balli Group Plc and Balli Steel Plc, taking the number of those charged in the investigation to five.

• SFO confirms DPA in principle with Airline Services Limited

  22nd Oct 2020 | News Releases

  The Serious Fraud Office has reached a Deferred Prosecution Agreement (DPA) with Airline Services Limited (ASL), subject to final approval by the court. This approval will be sought from Mrs Justice May at a public hearing at Southwark Crown Court, sitting at the Royal Courts of Justice, on 30 October 2020.

• Future Challenges in Economic Crime: A View from the SFO

  9th Oct 2020 | Speeches

  Lisa Osofsky speaking at the Royal United Services Institute, 8 October 2020.

• Former Unaoil executive sentenced for paying bribes to win $1.7bn worth of contracts

  8th Oct 2020 | News Releases

  Basil Al Jarah has today been sentenced to three years and four months’ imprisonment for paying in excess of $17m in bribes to dishonestly secure approximately $1.7bn worth of contracts in post-occupation Iraq.

• SFO charges four individuals with fraud at Balli Group and Balli Steel

  29th Sep 2020 | News Releases

  The SFO has charged four individuals with various fraud offences in relation to the activities of Balli Group Plc and Balli Steel Plc.

• Three former G4S executives charged with fraud against taxpayer

  8th Sep 2020 | News Releases

  The Serious Fraud Office has charged three former executives of G4S Care and Justice Services (UK) Ltd (G4S C&J) with multiple offences in relation to a multi-year scheme to defraud the Ministry of Justice.

• Lisa Osofsky address to the Cambridge Symposium on Economic Crime

  7th Sep 2020 | Speeches

  Lisa Osofsky speaking at a presentation hosted by the Cambridge Symposium on Economic Crime.

• Three individuals charged in Axiom Fund investigation

  21st Aug 2020 | Case Updates

  The Serious Fraud Office has charged three men with multiple offences in connection with its investigation into the collapse of the Axiom Legal Financing Fund.