Category Archives: News Releases
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Ponzi fraudster’s assets confiscated
31st Oct 2019 | Case UpdatesThe SFO has today confiscated the realisable assets of Nicholas Levene, the former City trader who was found guilty of fraud in 2012. When Levene was handed a confiscation order in March 2013, due to bankruptcy proceedings, his available realisable assets totalled £1. Today, the SFO has confiscated approximately £118,000 of Levene’s assets.
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SFO concludes investigation into LIBOR manipulation
18th Oct 2019 | Case UpdatesThe Serious Fraud Office today announced the closure of its investigation into LIBOR manipulation. Following a thorough investigation and a detailed review of the available evidence, there will be no further charges brought in this case.
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Serial “Phoenix” fraudster jailed for over 9 years after 15 years on the run
18th Sep 2019 | Case UpdatesChristopher Woodhead’s decade and a half on the run has ended, following an enforcement hearing at Leeds Magistrates’ Court today.
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Saunders Electrical fraudsters ordered to pay over £7million
10th Sep 2019 | Case UpdatesJolan Saunders and Michael Strubel, former company executives at Saunders Electrical Wholesalers Ltd, have this week been ordered to pay confiscation orders totalling £7,393,663.33.
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Currency fraudster Peter Chapman ordered to pay £441,944.38
5th Sep 2019 | Case UpdatesPeter Chapman, a former manager of polymer banknote manufacturer Securency PTY Ltd, was today ordered to pay a confiscation order of £441,944.38.
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SFO charges second individual in relation to Global Forestry Investments investigation
31st Jul 2019 | Case UpdatesOmari Bowers, a former director of Global Forestry Investments, has been charged with conspiracy to defraud, forgery, and misconduct in the course of winding up. He is due to appear at Westminster Magistrates Court on 2 August 2019.
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John Venskus ordered to pay £410k confiscation order
23rd Jul 2019 | Case UpdatesJohn Venskus was ordered by His Honour Judge Beddoe to pay a £410,786.14 confiscation order on 22 July at Southwark Crown Court.
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De La Rue plc
23rd Jul 2019 | Case UpdatesThe SFO confirms it has opened an investigation into the activities of the De La Rue group and its associated persons in relation to suspected corruption in South Sudan.
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Sanjay Bhandari and Magnus Falk join the SFO as Non-Executive Directors
22nd Jul 2019 | News ReleasesThe Serious Fraud Office has appointed Sanjay Bhandari and Magnus Falk to join its Board as non-executive directors.
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Former Unaoil executive pleads guilty to conspiracy to give corrupt payments
19th Jul 2019 | Case UpdatesBasil Al Jarah, Unaoil’s former partner in Iraq, pleaded guilty on 15 July 2019 to five offences of conspiracy to give corrupt payments in connection with the SFO’s investigation into Unaoil.
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Three individuals acquitted as SFO confirms DPA with Sarclad
16th Jul 2019 | Case UpdatesMichael Sorby, Adrian Leek and David Justice were today acquitted after a jury found the three men not guilty of conspiring with various agents to agree bribes in relation to 27 separate overseas contracts for their company, Sarclad Ltd.
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SFO charges former director of Global Forestry Investments
9th Jul 2019 | Case UpdatesThe Serious Fraud Office has charged Andrew Skeene, former director of Global Forestry Investments, with conspiracy to defraud, forgery, and misconduct in the course of winding up.