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Shares fell as much as 14% in early trading after company warned on 2014 profit outlook

Large-scale fraud falls, but jumps in public sector

A decline in large-scale fraud being committed in the UK should not prompt complacency, a leading accountant has warned, with some types of organisation having much greater success dealing with fraud than others.

US inquiry into Credit Suisse over tax evasion

Credit Suisse revealed yesterday that it had been drawn into US investigations of tax evasion that has already cost its rival UBS $780m (£483m).

Blackwater accused of fraud by employees

A current worker and a former employee of the security contractor previously known as Blackwater have filed a whistleblower lawsuit against the company, the second such suit filed against the firm.

Bitter in the Mouth, By Monique Truong

The work of Asian-American writers is all too often described as "bittersweet", but in Truong's case this label is exactly right. The teen heroine of her second novel is different from the other girls in Boiling Springs, North Carolina.

Bolton's China fund takes hit from fraud losses

The veteran fund manager Anthony Bolton has admitted that he may have been caught out by Chinese fraudsters. His Fidelity China Special Situations fund has lost money in two investments in companies that have been accused of fraud.

Sharp jump in level of company fraud

The level of fraud faced by British companies jumped to £1.1bn between January and June, according to accountants at KPMG, up from £609m in the same period last year.

Billionaire dealer accused of fraud over missing art

The billionaire Franco-American art dealer, Guy Wildenstein, has been formally accused of fraud after 30 valuable paintings and sculptures that had been missing for decades were discovered in the strong room of his family's institute in Paris.

Lawyer beaten in Moscow jail just hours before he died

An investigation into the death of Sergei Magnitsky in custody has suggested that the 37-year-old lawyer was beaten by eight prison guards with truncheons shortly before he died.

Then, By Julie Myerson

First came The Road and The Rapture; now Then. It's easy to see why the apocalypse appeals to novelists, with its opportunities for metaphor and for putting protagonists in demanding situations. In Julie Myerson's novel, a scorchingly hot February day is followed by sudden darkness, conflagrations and an Impact Winter. Survivors eke out a brutal existence of scavenging and fighting in the city's ruins. Groping her way from one harrowing day to the next, the first-person narrator can't remember anything, not even her name.

The Lake Shore Limited, By Sue Miller

When the curtain goes up on Sue Miller's new novel, we find ourselves at the first night of a soon-to-be hit play. The unfolding drama concerns a man coming to terms with the death of his wife in a terrorist attack on a Chicago train. To the audience's surprise, far from being devastated by the news, he appears glad that this chapter of his life has been so conveniently erased.

Iason Athanasiadis: The result of 20 years of corruption, tax evasion and ignoring reality

As school children in Athens, every year we practised an alarming custom. At the end of the school year, we gathered our textbooks into a pile and burnt them in an act of rebellion against the rigidity of the educational system. Today, there is a parallel to that self-destructive behaviour in the blame-game unfolding on Constitution Square as Greeks curse their democratically elected politicians for "lulling" them into two decades of easy credit, soft corruption, tax evasion and overspending.

Thomas Docherty: 'AC Grayling's New College for the Humanities betrays us all'

If AC Grayling really wanted to defend the humanities, he would fight for them within the public sphere, argues Thomas Docherty, in response to the professor's piece for The Independent

Three charged in 'Ponzi' inquiry

Three individuals were charged in relation to an alleged "Ponzi" scheme worth £10m yesterday.

Top 10 scams to watch out for this summer

Protect yourself from the fraudsters who have 'never had it so good', and who cost Britons £38bn a year. Alison Shepherd lists the cons to watch out for

Beware the fine wine fraudsters having another vintage year

The current boom in wine investment is giving scammers the chance to con investors out of thousands of pounds.
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Lake Garda
Minoan Crete and Santorini
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How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map
Lionel, Patti, Burt and The Who rock Glasto

Lionel, Patti, Burt and The Who rock Glasto

This was the year of 24-carat Golden Oldies
Paris Fashion Week

Paris Fashion Week

Thom Browne's scarecrows offer a rare beacon in commercial offerings
A year of the caliphate:

Isis, a year of the caliphate

Who can defeat the so-called 'Islamic State' – and how?
Marks and Spencer: Can a new team of designers put the spark back into the high-street brand?

Marks and Spencer

Can a new team of designers put the spark back into the high-street brand?
'We haven't invaded France': Italy's Prime Minister 'reclaims' Europe's highest peak

'We haven't invaded France'

Italy's Prime Minister 'reclaims' Europe's highest peak
Isis in Kobani: Why we ignore the worst of the massacres

Why do we ignore the worst of the massacres?

The West’s determination not to offend its Sunni allies helps Isis and puts us all at risk, says Patrick Cockburn
7/7 bombings 10 years on: Four emergency workers who saved lives recall the shocking day that 52 people were killed

Remembering 7/7 ten years on

Four emergency workers recall their memories of that day – and reveal how it's affected them ever since
Humans: Are the scientists developing robots in danger of replicating the hit Channel 4 drama?

They’re here to help

We want robots to do our drudge work, and to look enough like us for comfort. But are the scientists developing artificial intelligence in danger of replicating the TV drama Humans?
Time to lay these myths about the Deep South to rest

Time to lay these myths about the Deep South to rest

'Heritage' is a loaded word in the Dixie, but the Charleston killings show how dangerous it is to cling to a deadly past, says Rupert Cornwell
What exactly does 'one' mean? Court of Appeal passes judgement on thorny mathematical issue

What exactly does 'one' mean?

Court of Appeal passes judgement on thorny mathematical issue