fraud Archives

Anti-DEI Drive: Trump’s DOJ Wields Fraud Law to Dissuade Companies

9 January 2026

The US Department of Justice (DOJ) has launched a fresh attack on diversity, equity and inclusion (DEI), planning to apply fraud law as a …

SFO charges four individuals over Patisserie Valerie scandal

SFO charges four individuals over Patisserie Valerie scandal

September 14th, 2023

The Serious Fraud Office (SFO) has brought fraud charges against four individuals who oversaw the collapse of high street baker chain Patisserie Valerie.

Christopher Marsh, a former director …

Financial Market Reform: US investors have their say

The Investors Working Group, a bi-partisan panel of experts created in February 2009 by the Council of Institutional Investors and the CFA Institute Centre for Financial Market Integrity, has released its recommendations for reform and modernisation of the US financial …

Calpers sues ratings agencies over sub-prime losses

The California Public Employees Retirement System, or CalPERS, is the US’s largest pension fund which provides retirement benefits to 1.6 million public employees. It’s also one of the most active proponents of good corporate governance on both a domestic and …

Audit committees: earnings management fears

Nine out of ten audit committee members say that the recession has increased the risk of earnings management and other misconduct – and yet fraud risk was the issue committees felt they were least effective at overseeing.

Research by KPMG’s …