Fraud
AIB refunds €8 million to ATM customers
Billing errors have caused Allied Irish Bank to rethink its ATM anti-fraud strategy
Bribery Act requirements just good business practice, says consultancy
Kroll chair, Tommy Helsby, says firms should already have most systems in place and implementing better procedures will benefit businesses
Lawyer warns of securities fraud lawsuits over foreclosure crisis
Bank of America faces lawsuit over charges of witholding information on failings, and others could follow
UK Treasury Select Committee says banks doing 'little work' to combat online fraud
Report express concern over disparity between growth in internet banking activity and banks' efforts to improve security
Hedge funds see potential in European carbon markets
Growing returns
$10 million identity fraud ring smashed by US authorities
Schemes involved staff from 11 high-profile US banks
SEC charges hedge fund managers with abusing client assets
New York SEC director says two managers “violated the most fundamental duties of an investment adviser"
EC tightening of carbon spot market could threaten forward market
Industry experts are wary of European Commission proposals intended to bring additional safeguards to the spot market
BarCap advises carbon market to use UK registries
Barclays Capital advises clients to stick to the UK in light of recent EUA thefts across European registries
EUA theft could severely damage carbon market, say analysts
EUA theft damage should only be ‘reputational’
London trader admits £14 million Ponzi scheme
London trader admits £14m Ponzi
Accountancies struggle to quantify true size of UK fraud in 2010
Firms differ on how big a threat fraud represents at the start of 2011
BAE Norkom purchase likely to complete in “mid to late March” says Norkom CEO
Transaction will see Norkom work with 2008 acquisition, Detica
North American banks expect rise in internal fraud
US and Canadian banks expect internal fraud to increase
Legal adviser to Kenneth Starr charged by SEC with aiding fraud
US SEC goes after Kenneth Starr’s lawyer
SocGen studies hedge fund fraud to reduce risk
French bank completes statistical study on statistical properties of fraudulent funds
Carbon Report: Market growth hit by fraud
Growing pains
Sponsored feature: Riding the innovation wave – managing the risk of financial crime
Riding the innovation wave – managing the risk of financial crime
Anti-money laundering is a long-term fight, says software company
Banks must think strategically instead of tactically; committing to the long haul to fight financial crime
Fraud & financial crime sponsored roundtable: Returning to form
Returning to form
New Jersey adviser charged with multimillion-dollar fraud
New Jersey adviser charged with multimillion-dollar fraud
Vatican bank executives in money-laundering probe
Italian authorities are investigating IOR president Ettore Gotti Tedeschi over account irregularities
Lax TSO rules could increase power and gas VAT fraud
Relaxed registration rules for Transmission System Operators (TSOs) could increase VAT fraud in the power and gas over-the-counter (OTC) markets as exchanges tighten controls, say analysts