On 30 January 2017, following a four-month trial, former\u00a0HBOS<\/b>\u00a0employees Scourfield and Mark Dobson involved in HBOS scandal were convicted of fraud and corruption involving a scheme that cost the bank \u00a3245m. Scourfield pleaded guilty to six counts including corruption, and Dobson was found guilty of counts including bribery, fraud and money laundering.<\/p>\n
The HBOS (Halifax Bank of Scotland) fraud trial was highly unusual<\/a> in that senior bankers were convicted of crimes, including fraud and hiding the proceeds of crime, in the boom of irresponsible lending ahead of the 2008 crash. As Lloyds reopens compensation claims over HBOS fraud and almost a decade after the\u00a0HBOS fraud victims will hopefully be finally compensated.<\/a>\u00a0Loyds damning review found that victims were not all treated equally after fraudsters plundered \u00a31bn to fund sex parties, superyachts and lavish holidays.\u00a0The victims were the taxpayer, small business customers of the bank, and HBOS shareholders.<\/p>\n Fraud Advisory Panel discusses the HBOS scandal in an executive breakfast briefing. Which will take\u00a0a deep dive into the case\u00a0<\/span>and take stock of the significant challenges faced by counter-fraud professionals to ensure fair access to justice for those affected by fraud and financial crime, especially SMEs. The agenda is comprised of the following:<\/span><\/p>\n Staying one step ahead of any critical risk to your organisation is part of being an effective business leader. Contact us today<\/a>\u00a0to get started on implementing a robust program that will serve you well for years to come. Get your FREE QUOTE<\/a> now!<\/strong>\u00a0<\/strong><\/p>\n About us…<\/span><\/strong><\/p>\n Based in London, CRI\u00ae Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international <\/span>Risk Management<\/span><\/a>,\u00a0<\/span>Employee Background Screening<\/span><\/a>,\u00a0<\/span> In 2016, CRI\u00ae Group launched\u00a0<\/span>the Anti-Bribery Anti-Corruption (ABAC\u00ae) Center of Excellence<\/span><\/a>\u00a0– an independent certification body established for\u00a0<\/span>ISO 37001:2016 Anti-Bribery Management Systems<\/span><\/a>,\u00a0<\/span>ISO 37301 Compliance Management Systems<\/span><\/a>\u00a0and\u00a0<\/span>ISO 31000:2018 Risk Management<\/span><\/a>, providing\u00a0<\/span>training<\/span><\/a>\u00a0and\u00a0<\/span>certification<\/span><\/a>. ABAC\u00ae operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI\u00ae Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations.\u00a0<\/span>Contact ABAC\u00ae for more<\/span><\/a>\u00a0on ISO Certification and training.<\/span><\/p>\n MEET THE CEO<\/span><\/strong><\/p>\n Zafar I. Anjum is Group Chief Executive Officer of CRI\u00ae Group (www.crigroup.com), a global supplier of investigative, forensic accounting, business due to diligence and employee background screening services for some of the world’s leading business organisations. Headquartered in London (with a significant presence throughout the region) and licensed by the Dubai International Financial Centre-DIFC, the Qatar Financial Center – QFC, and the Abu Dhabi Global Market-ADGM, CRI\u00ae Group safeguard businesses by establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with your business. CRI\u00ae Group maintains offices in UAE, Pakistan, Qatar, Singapore, Malaysia, Brazil, China, the USA, and the United Kingdom.<\/span><\/p>\n Contact CRI\u00ae Group to learn more about its 3PRM-Certified\u2122 third-party risk management strategy program and discover an effective and proactive approach to mitigating the risks associated with corruption, bribery, financial crimes and other dangerous risks posed by third-party partnerships.<\/span><\/p>\n CONTACT INFORMATION<\/span><\/strong><\/p>\n Zafar Anjum, MSc, MS, CFE, CII, MICA, Int. Dip. (Fin. Crime) | CRI\u00ae Group Chief Executive Officer<\/span><\/p>\n 37th Floor, 1 Canada Square, Canary Wharf, London, E14 5AA United Kingdom<\/span><\/p>\n t: +44 207 8681415 | m: +44 7588 454959 | e: zanjum@crigroup.com<\/span><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":" On 30 January 2017, following a four-month trial, former\u00a0HBOS\u00a0employees Scourfield and Mark Dobson involved in HBOS scandal were convicted of fraud and corruption involving a scheme that cost the bank \u00a3245m. Scourfield pleaded guilty to six counts including corruption, and Dobson was found guilty of counts including bribery, fraud and money laundering. The HBOS (Halifax […]<\/p>","protected":false},"author":1,"featured_media":6776,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,16,12,45,17,146],"tags":[128],"class_list":["post-6725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-anti-bribery-anti-corruption-solution","category-compliance-solution","category-due-diligence","category-finance-and-professional-services","category-iso-37001","category-resources","tag-hbos"],"gutentor_comment":0,"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\n\n\t\nFraud Advisory Panel<\/h3>\n
\n
Guest speakers<\/h3>\n
\n
In the chair<\/h3>\n
\n
Details<\/h3>\n<\/div>\n
\n<\/strong>Time:\u00a0<\/strong>08:30 – 10:30
\n<\/strong>Location:\u00a0<\/strong>Online
\n<\/strong>Venue:\u00a0<\/strong>Live interactive session
\n<\/strong>Costs:\u00a0<\/strong>FAP member \u00a320+VAT; Non-member \u00a330+VAT<\/div>\n<\/div>\nRegistration Expired!<\/a><\/h2>\n