Abstracts - faqs.org

Abstracts

Retail industry

Search abstracts:
Abstracts » Retail industry

The 12 sneakiest frauds in Britain today and how not to be fooled by them

Article Abstract:

There have been 535 identified cases of fraud in the UK so far in 1996, involving losses of 3 billion pounds sterling. However, these statistics cover only cases involving more than 100,000 pounds sterling where charges have been brought, and there are many more smaller cases which are never reported. Victims are often too embarrassed to make the police aware of what has happened, and this then gives the impression that fraud is not widespread. There are many ways in which small-scale fraud can be carried out, including sending invoices for goods which have never been supplied.

Author: Blackhurst, Chris
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
Column

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Money laundering: a tough business to clean up

Article Abstract:

The 1996 to 1997 annual report of the Financial Action Task Force on money laundering states that the UK has a comprehensive system for dealing with money laundering. Money laundering is complex international problem, and there are limits to the effect individual countries can have in tackling it. However, there have only been three prosecutions and convictions for money laundering in the UK since strict legislation was introduced in 1993 under the auspices of the Criminal Justice Act. It is now time to find ways of improving the UK's record in tackling money laundering.

Author: Walters, Alistair
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
Laws, regulations and rules, Money laundering

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


There's a sucker in every crowd

Article Abstract:

There have been a number of highly publicised cases in which advance fee fraud has allowed criminals to obtain large sums of money. In such cases, an advance fee payment is demanded, and then never repaid. Fraudsters invent transactions in order to encourage victims to hand over money, often promising large profits. The fraud can even operate on an international basis, with criminals using organisations called 'trusts' and shell or offshore concerns.

Author: Walters, Alistair
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Analysis, Fraud
Similar abstracts:
  • Abstracts: Ecstasy in the steam and snow. Not a dry fly in the house
  • Abstracts: Tom Hanks sparks US invasion of Normandy. Why I can't stop talking about the war. Inages of war: the human condition exposed
  • Abstracts: The hole world in his hands. The great exploding artist
  • Abstracts: Rich men behaving badly. Not just men behaving badly. Sons damaged by fathers behaving badly
  • Abstracts: Who needs braille when a keyboard can do the talking? Listen to the pictures
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.