What makes insider trading illegal?

What makes insider trading illegal?

Feb 11, 2020 | Business crime, White collar crime

Insider trading (also known as insider dealing) can be easily defined as using information about a company that is not available to the public to buy or sell stocks or shares in order to make a profit or avoid a loss. For example, it happens when an employee is party...
Do people go to prison for white collar crimes?

Do people go to prison for white collar crimes?

Jul 29, 2019 | White collar crime

White collar crime is the term used to describe financially-motivated offences that are committed in the line of a professional’s duties at work. It’s important to realise that these kind of crimes are taken very seriously by the authorities as financial crime is the...
Am I committing VAT fraud?

Am I committing VAT fraud?

Apr 29, 2019 | VAT fraud, White collar crime

Not only is VAT fraud taken seriously by HMRC, it can cause untold damage to a company’s reputation, not least due to the fact that taxpayers resent it when they find out someone else hasn’t been paying their way towards the running of essential services in the UK...
Guide: Consequences of tax fraud

Guide: Consequences of tax fraud

Mar 29, 2019 | Tax fraud, White collar crime

Last October, the chancellor Philip Hammond announced new measures to clamp down on tax evasion, with a target of raising £2.1 billion by 2023. Narrowing what’s known as the ‘tax gap’ has already resulted in success, with Her Majesty’s Revenue and Customs (HMRC),...
Guide to white collar offences

Guide to white collar offences

Nov 17, 2018 | Criminal defence, White collar crime

The phrase ‘white collar offence’ was first coined by sociologist Edwin Sutherland, who defined it as ‘a crime committed by a person of respectability and high social status in the course of his occupation’.  This description is clearly dated, but nearly 80 years on,...