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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.

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.

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).

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.

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.

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.

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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Wolf (Nathan McMullen), Ian (Dan Starky), The Doctor (Peter Capaldi), Clara (Jenna Coleman), Santa Claus (Nick Frost) in the Doctor Who Christmas Special (BBC/Photographer: David Venni)
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Left to right: Stanley Tucci, Sophie Grabol and Christopher Eccleston in ‘Fortitude’
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Call The Midwife: Miranda Hart as Chummy
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Jenna Coleman as Clara Oswald in the Doctor Who Christmas special
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Japanese artist Megumi Igarashi showing a small mascot shaped like a vagina
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The Queen delivers her Christmas message
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Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
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Prices correct as of 19 December 2014
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there