15 C
London
Friday, July 10, 2020

Fraud investigations could be impacted by new limit on company records

Must Read

Incompetent Cops

“I am, as I've said, merely competent. But in an age of incompetence, that makes me...

Coronavirus: UK’s First Local Lockdown is in place in Leicester

The UK's First Local Lockdown is in place in Leicester as those living within the area have...

A&E nurse returns to car to find it stripped of parts

An A&E nurse who had just finished a gruelling 12 and a half hour shift returned to...
Fraud investigations could be impacted by new limit on company records 3
Trevor Sherwood
Trevor Sherwood writes crime and policing news and graduated Teesside Uni with a degree in Crime & Investigation.

New rules on public records held by Companies House of dissolved businesses could mean that records are now deleted after six years rather than 20.

The information currently stored holds information on former and current directors and shareholders.

Currently there are 170 Million records within the data base which is used an a open source for fraud investigators.

The new time limit on the records could now mean fraudsters could avoid investigation in order to comply with data protections laws.

It is believed the new rules would only protect criminals and those with something to hide and have a massive impact on fraud investigations.

Enjoyed this article?

Then please consider following us on on Twitter or Instagram For the latest crime and policing news.

Coronavirus Information

There’s a lot of misinformation doing the rounds about #coronavirus, and it’s hard to know who to trust. Visit NHS Directly to find out what the symptoms are, how to prevent the spread, and who should stay at home..

Advertisements

- Advertisement -
- Advertisement -

Latest News

- Advertisement -

More Articles Like This

Enjoyed this article?

Then please consider following us on on Twitter or Instagram For the latest crime and policing news.

Coronavirus Information

There’s a lot of misinformation doing the rounds about #coronavirus, and it’s hard to know who to trust. Visit NHS Directly to find out what the symptoms are, how to prevent the spread, and who should stay at home..