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Britons lose £450m to Ponzi schemes in 3 years
Britons have lost more than £450m to pyramid and Ponzi schemes over the past three years, according to data obtained by Conflict International. The data reveals a 27% rise in this type of fraud in the past year. Another £375m was lost to fraudulent share sales or boiler room fraud. Mike LaCorte, CEO of Conflict…
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Pro-Palestine activists arrested under organised crime laws
Two people involved in an attack on an arms factory in Kent have been arrested on suspicion of being part of an organised crime group. Instro Precision was broken into and equipment was smashed in June this year. Seven pro-Palestine activists were arrested at the scene on suspicion of aggravated burglary and two were arrested…
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Law to tackle cancel culture is scrapped
Labour has announced that it will shelve a law designed to tackle “cancel culture” at universities, raising concerns about the state of free speech on campus. The law, known as the Higher Education (Freedom of Speech) Act 2023, was set to come into force next week but will now be reconsidered for repeal. Experts warn…
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Judges cutting sentences to ease overcrowding, barristers warn
Criminals are receiving lower sentences in an effort to alleviate prison overcrowding as judges are taking the amount of time offenders have spent on remand into account, barristers have said. A senior criminal bar source said that Crown Court judges “are much more likely now to refer to time already spent in prison on remand…
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Bumper pay rises for in-house lawyers
A report on counsel compensation from legal recruiter Major, Lindsey & Africa shows that since 2021, general counsel and chief legal officers have seen a 4% decrease in “total actual cash” compensation globally. However, the most junior members of in-house teams have enjoyed a 19% rise. The report says: “Corporate leaders face challenges in keeping…
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Supreme Court grants permission for LIBOR cases to be heard
The Supreme Court has granted permission for the cases of former currency traders Tom Hayes and Carlo Palombo to be heard by the highest court in the land. The Court of Appeal dismissed both appeals in April, but certified a point of law of general public importance relating to the proper construction of the London…
