GB

Serious Fraud Office (UK)

Specialist UK prosecuting authority investigating complex economic crimes.

REGULATOR PROFILE

Regulator: Serious Fraud Office (UK)
Jurisdiction: GB
Statutory Role: Specialist UK prosecuting authority investigating complex economic crimes.
Indexed Cases: 7 enforcement actions in this jurisdiction.

PRIMARY ENFORCEMENT ACTIONS IN GB

7 ACTIONS

Case Title	Status	Primary Scheme	Overstatement	Total Penalties	Action Date
Carillion plc: Aggressive Contract Revenue and Going-Concern Concealment	ADJUDICATED	premature recognition	$1.4B	$27.0M	January 29, 2018
Patisserie Valerie: £94M Forged Invoices and Secret Overdrafts	ADJUDICATED	fictitious revenue	$120.0M	$3.1M	September 20, 2021
Thomas Cook: Going-Concern Concealment and Software Capitalization	ADJUDICATED	going concern concealment	$1.1B	$0	September 20, 2021
Autonomy Corp: Hardware Resale Disguised as High-Margin Software	ADJUDICATED	gross vs net	$8.8B	$0	September 20, 2014
Tesco plc: £250M Premature Commercial Supplier Income Pull-Forward	ADJUDICATED	premature recognition	$330.0M	$160.0M	September 20, 2019
BHS: Audit Failure and Sale for £1 Prior to Catastrophic Pension Collapse	ADJUDICATED	audit failure	$750.0M	$13.0M	September 20, 2021
Greensill Capital: Prospective Receivables and Multi-Billion Credit Concentration	ADJUDICATED	fictitious revenue	$5.0B	$0	September 20, 2023