Category Archives: News Releases
Former Unaoil executive ordered to pay £402k in confiscation17th Jun 2021 | Case Updates
Following a hearing at Southwark Crown Court before HHJ Beddoe, the SFO today secured a £402,465.65 confiscation order by consent against former Unaoil executive Basil Al Jarah.
SFO seizes £248k from fraudster with account forfeiture order7th Jun 2021 | News Releases
The Serious Fraud Office (SFO) has secured an account forfeiture order against an account linked to the criminal gains of Virendra Rastogi, one of the architects of a $700m global fraud. The account forfeiture order enables the SFO to seize £247,911.89 from the account on behalf of the taxpayer.
SFO confirms investigation into Gupta Family Group Alliance14th May 2021 | News Releases
The SFO is investigating suspected fraud, fraudulent trading and money laundering in relation to the financing and conduct of the business of companies within the Gupta Family Group Alliance (GFG), including its financing arrangements with Greensill Capital UK Ltd.
SFO publishes Annual Business Plan 2021/2213th May 2021 | News Releases
The Serious Fraud Office has today published its Business Plan for 2021/22. The Business Plan details how the SFO will deliver on its mission to fight complex economic crime, deliver justice for victims and protect the UK’s reputation as a safe place to do business.
GPT pleads guilty to corruption28th Apr 2021 | News Releases
The Serious Fraud Office confirms GPT has today pleaded guilty to corruption between December 2008 and July 2010 in relation to contracts awarded to GPT in respect of work carried out for the Saudi Arabian National Guard.
Serco Geografix Ltd statement of facts28th Apr 2021 | Case Updates
The Serious Fraud Office can now publish the Statement of Facts from its Deferred Prosecution Agreement with Serco Geografix Ltd, after reporting restrictions on its publication were lifted.
SFO offers no evidence against Nicholas Woods and Simon Marshall26th Apr 2021 | Case Updates
The SFO has offered no evidence against Nicholas Woods and Simon Marshall. The Judge has directed the jury to return verdicts of not guilty.
SFO investigation into the Raedex Consortium group of companies9th Apr 2021 | News Releases
The SFO is investigating suspected fraud in relation to the activities of the Raedex Consortium, including the companies Buy2Let Cars, PayGo Cars, Raedex trading as Wheels4Sure and Rent2Own Cars.
SFO closes investigation into KBR Inc.’s UK subsidiaries18th Mar 2021 | Case Updates
Following a thorough investigation of the available evidence, the SFO has closed its investigation into the activities of KBR, Inc.’s United Kingdom subsidiaries, their officers, employees and agents.
Fourth oil executive sentenced for paying bribes to win a multi-million pound contract in post-occupation Iraq1st Mar 2021 | Case Updates
Paul Bond has today been sentenced to three and half years’ imprisonment for conspiring with others to bribe Iraqi public officials to secure lucrative oil contracts in post-occupation Iraq.
Former biodiesel trader charged with fraud and money laundering concerning the sustainable fuel sector25th Feb 2021 | News Releases
The SFO has charged biodiesel trader Gianni Rivera with fraud and money laundering in connection with its investigation concerning the sustainable fuel sector.
Fourth executive convicted of bribery in post-occupation Iraq24th Feb 2021 | News Releases
The SFO has today secured the conviction against a former Single Buoy Moorings Inc. (SBM) executive who conspired to bribe public officials in order to secure lucrative oil contracts in the years following the overthrow of Saddam Hussain in 2003.