Serious Fraud Office


Also found in: Dictionary, Medical, Financial, Acronyms, Wikipedia.

Serious Fraud Office

an agency established by the Criminal Justice Act 1987 having a director and charged with instituting and conducting proceedings involving serious or complex fraud, which as a rule of thumb may be considered as those involving £1m or more. It may take over cases run by others. It was given much more sweeping powers to obtain information than had the police to obtain documents and other papers, including the ability to put questions which if unanswered constitute an offence. Its powers have since been adjusted to attempt to be HUMAN RIGHTS compliant and the answers to the compulsory questions may not be used at trial. It carries out some money laundering inquiries.
Mentioned in ?
References in periodicals archive ?
A spokesman for the Serious Fraud Office said: "If the director considers there are reasonable grounds to suspect serious or complex fraud, he will open a criminal investigation.
The Serious Fraud Office is an independent government department, responsible for investigating and prosecuting serious and complex fraud, bribery and corruption.
In 2003, Yazdi's private business records were seized by the Serious Fraud Office (SFO) at the request of the Norwegian authorities, who were investigating allegations of bribery.
Previous initiatives under the Criminal Justice Dialogue include visits to Bishkek by representatives of the UK's Crown Prosecution Service, Serious Fraud Office and Police, who delivered seminars and workshops on aspects of the UK criminal justice system to their Kyrgyz counterparts.
Summary: Rolls-Royce on Thursday said it had passed information to Britain's Serious Fraud Office (SFO) relating to concerns about bribery and corruption involving its intermediaries in overseas markets.
BRITAIN'S biggest banks face a criminal investigation after the Serious Fraud Office opened an official inquiry into the rate-rigging affair.
Victor Dahdaleh was arrested after the UK's Serious Fraud Office brought charges of bribery, conspiracy and acquiring and transferring criminal property in violation of the Proceeds of Crime Act 2002 against him.
The application had been opposed by lawyers for the UK Serious Fraud Office, on behalf of the US Dept of Justice, who insisted that the money should be repatriated to the US.
She has 13 years' experience in forensic accounting, including two spells on secondment with the Serious Fraud Office, and is recognised as an expert witness whose investigative and analytical skills have been relied on in court.
The Serious Fraud Office said it was not in the public interest to pursue a retrial of the three over whom the jury was hung.
The Serious Fraud Office, SFO, probe was launched following allegations of fixing prices and fraud at Sports Direct and JJB, which are the market leaders in sales of replica football shirts and sportswear.
Terry Lindon, who ran personal injury claim firm Invaro, faced city magistrates on charges of fraudulent trading following a major, three-year investigation by the Serious Fraud Office.

Full browser ?