The government’s Covid response schemes inadvertently created unprecedented opportunities for fraud – only now is the potential scale of that fraud beginning to come to light. The UK Treasury has launched a remarkable 23,000 inquiries into potentially fraudulent payments made during the pandemic. Last year, HMRC announced that it was investigating 27,000 cases of possible […]
Theranos, founded by Holmes in 2003, claimed it would revolutionise the medical testing space with the introduction of a new blood diagnostic technology that was capable of performing several tests on a small dose of blood. The medical start-up had reached a valuation of $10 billion. However, it was later found that the company’s claims […]
Niall Hearty of financial crime specialists Rahman Ravelli considers the increasing appeal to the authorities of account freezing orders and account forfeiture orders. The force issued account freezing orders and account forfeiture orders against assets with a total value of £36 million in 2020 – a figure that dwarfs the 2019 total of just under […]
A series of lucrative auctions in the early months of 2021 has brought international attention to non-fungible tokens, or NFTs – a new type of asset that is widely misunderstood. Here, Shane Wax of Gottlieb, Rackman & Reisman, offers Lawyer Monthly an analysis of how NFTs work and from where they derive their value.
When e-commerce first emerged in the late nineties, one of the major hurdles was to overcome consumer inertia. Back then, buying things on the internet required a leap of faith. Much has changed in the last few decades, and the current COVID-19 pandemic has acted as a catalyst and an accelerator for any brands or […]
The process of finding legal or misappropriated assets is lengthy and involved, but it is fundamental to law enforcement across international boundaries.
Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.
We use cookies to ensure that we give you the best experience on our website. By continuing to use this site you consent to the use of cookies. Privacy PolicyOkI do not consent
