provides cautionary notes to public policy makers in the UK as the Serious Fraud Office designs alternative prosecution …

‐scale fraud during the Gulf War; the Grupo Torras SA (GT) sued them in order to recover money lost, and the case illustrates the … explanations might be true and he was acquitted of conspiracy in the fraud. Moves on to F, a lawyer who gave advice which enabled …

Analyses US auditors’ responsibility for detecting accounting errors, fraud and irregularities, noting the traditional … GAAP standard was revised so auditors were made responsible for detecting error or fraud. Discusses Standard Auditing … who fail to detect fraud.  …

Focuses on fraud, including in the concept a wide range of offences committed by management, employees or third parties … which the other suffers financial loss; as in the UK, fraud in Cyprus does not exist as specific criminal offence. Describes … fraud as an invisible crime, and lists its negative characteristics: no knowledge, poor statistics, no theory, no research …

Considers some recommendations proposed by the Law Commission report on fraud, especially regarding the future role of … dishonesty in offences involving fraudulent conduct, and the report’s proposal for the creation of a new offence of fraud plus … another new offence of obtaining services dishonestly. Outlines the advantages of a single law of fraud, as the report sees …