Rosenblatt

Media / Financial Crime

Supreme Court | Unexplained Wealth Orders | Rosenblatt’s Financial Crime Team

On 21st December 2020 the Supreme Court ruled that a woman subject to an Unexplained Wealth Order (UWO) by the National Crime Agency (NCA) would not be allowed to challenge it. National Crime Agency Investigation | Rosenblatt’s Financial Crime Team The Supreme Court said Zamira Hajiyeva’s challenge to overturn the UWO raised no arguable point of law and therefore permission […]

COVID-19 | Tier 4 Alert Level

On 19th December the government announced a new Tier 4 of regional restrictions aimed at reducing the spread of Covid-19. The regions subject to Tier 4 were placed under these restrictions from 00.01 on 20th December. The government also announced that regions in Tiers 1-3 are permitted to form a ‘bubble’ of up to three households on 25th December only, […]

COVID-19 | Alert Level System and Festive Period Rules

COVID-19 | Alert Level System and Festive Period Rules On 17th December the government announced a review of the three-tiered system of restrictions that came into force on 2nd December. The regions subject to tier changes will be under the respective restrictions from 00.01 on 19th December. London was placed in Tier 3 from 00.01 on 16th December, prior to […]

Job Fraud | Unemployment Crisis | Rosenblatt’s Financial Crime Team

On 1st December 2020 it was reported that fraudulent activity was taking place in relation to the recruitment market, with criminals targeting jobseekers with fraudulent services. Recruitment Fraud | Rosenblatt’s Financial Crime Team As a result of the Covid-19 pandemic, unemployment has risen and has been projected to rise to 2.6m by the end of 2021. Consequently, criminals are reportedly […]

Pension Investments | German Property Group | Rosenblatt’s Financial Crime Team

On 1st December 2020 it was reported that millions of pounds held by failed property investment company German Property Group (GPG) has not been returned to investors. FCA and FSCS Investigation | Rosenblatt’s Financial Crime Team GPG, formerly known as Dolphin Trust, began filing for bankruptcy in July 2020 and is currently in administration. It is estimated to owe £1bn, […]

COVID-19 | Alert Level System

On 26th November 2020 the government set out a three-tiered system of restrictions for the regions in England to be enforced on 2nd December. This will mark the end of the current period of enforced national restrictions. The system will be similar to that in force prior to the introduction of national restrictions. What are the tiers? | Rosenblatt’s Financial […]

Serious Fraud Office | Property Freezing Order | Rosenblatt’s Financial Crime Team

On 12th November 2020 the Serious Fraud Office (SFO) announced it has recovered £1.2m in a settlement with Julio Faerman in relation to a West London apartment, believed to have been partly purchased with criminal funds linked to systematic bribery in Brazil. Serious Fraud Office Investigation | Rosenblatt’s Financial Crime Team Under the terms of the settlement Faerman, a Brazilian […]

Rosenblatt’s and Grant Thornton’s Virtual Event Series: All Sessions

Rosenblatt’s and Grant Thornton’s series of financial crime resilience briefings provided the attendees with a deeper insight and understanding of the most pressing financial crime issues facing firms today. If you missed any of the events, or you’d like to revisit any of the shared information, please click below: https://www.grantthornton.co.uk/en/insights/financial-crime-resilience-event-series/

Metropolitan Police | Post Office Scandal | Rosenblatt’s Financial Crime Team

On 12th November 2020 the Metropolitan Police began a criminal investigation into potential perjury offences in relation to expert evidence given at the trials of postmasters wrongly convicted of theft and accounting fraud offences. Police Investigation | Rosenblatt’s Financial Crime Team The Post Office brought private prosecutions against hundreds of former postmasters in relation to alleged accounting fraud. It later […]

Serious Fraud Office | Airline Services Limited | Rosenblatt’s Financial Crime Team

On 30th October 2020 the Serious Fraud Office (SFO) announced it had entered into a Deferred Prosecution Agreement (DPA) with Airline Services Limited (ASL) in respect of three counts of failure to prevent bribery. SFO Deferred Prosecution Agreement | Rosenblatt’s Financial Crime Team Under the terms of the DPA, ASL agreed to pay £2,979,685.76, consisting of a financial penalty of […]