Insider fraud on the increase over the last 12 months

Analysis by CIFAS, a UK Fraud Prevention Service, looking at staff frauds filed during the 12 months from July 2008 to June 2009 reveal some shifts in the frauds. These included:
Dishonest actions by staff to obtain benefits by theft and deception increased by 69% in the first half of 2009 compared with the last half of 2008
Dramatic increases in the numbers of women being identified as staff fraudsters, and
Customer vigilance and alertness is increasingly valuable to businesses in the fight against fraud.

Lord Turner on the 'social values' of banking and the 'Tobin tax'

There is an article in today's Daily Telegraph on the FSA Chairman Adair Turner on how banking has to change. The original Prospect Magazine article is available on their website (subscribers only). The article also talks about his views on the "Tobin Tax" on financial transactions. There is also coverage in the other UK broadsheets over the last couple of days including the Guardian.