How Data Analytics can generate evidence in a way that is acceptable to both civil and criminal proceedings
Haymarket's Richard Kusnierz gave a presentation at the COUNTER FRAUD AND FORENSIC ACCOUNTING CONFERENCE 2017 held at the University of Portsmouth. The subject of this presentation was: "How Data Analytics can generate evidence in a way that is acceptable to both civil and criminal proceedings".
HMRC Football Arrests
HMRC have made several arrests, and Newcastle United and West Ham United's grounds have been raided in connection with a fraud investigation. You can read more about this story from the BBC by clicking here.Read more
Are Customs Administrations fully utilising the big data that is potentially available to them?
The main theme of the WCO IT Conference to be held in Tiblisi, Georgia in June this year is “The Power of Data – Advancing Border Management”. There are many aspects to advancing border management, including inter agency and cross-border cooperation, although in reality this is much easier said than done.Read more
BT Italian fraud crisis
First it was a black hole in Tesco’s finances, now BT has a serious issue with “Factoring and Leasing” transactions in its Italian operation. These are only two examples of specialist and exotic financial transactions employed by major organisations - to do what? Make the books look better? Hide losses? Achieve the local management’s KPIs? In both examples the organisations have stated integrity principles:Read more
Third party sales agents, facilitation payments and auditors
Once again a multi-billion euro industry seems to have fallen foul of the US Foreign and Corrupt Practices Act and the UK Bribery Act 2010. Recently the media has been reporting on the start of a criminal investigation into the sales practices of Airbus. It has been reported that the SFO have arrested a number of current and former Airbus employees as part of a long running investigation into alleged corruption operating in Saudi Arabia.Read more