Ifed secures first Serious Crime Prevention Order

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The Insurance Fraud Enforcement Department has obtained its first ever Serious Crime Prevention Order against a fraudster who scammed insurers and lawyers out of nearly £250,000, and its DCI is targeting more orders in the future.

Hamid Sediqi was sentenced to four years imprisonment in May 2021 at Inner London Crown Court, after he fraudulently accrued around £245,000 by targeting solicitors and insurance companies, while

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.

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