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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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Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks
The haunting of Shirley Jackson: Was the gothic author's life really as bleak as her fiction?

The haunting of Shirley Jackson

Was the gothic author's life really as bleak as her fiction?
Bill Granger recipes: Heading off on holiday? Try out our chef's seaside-inspired dishes...

Bill Granger's seaside-inspired recipes

These dishes are so easy to make, our chef is almost embarrassed to call them recipes
Ashes 2015: Tourists are limp, leaderless and distinctly UnAustralian

Tourists are limp, leaderless and distinctly UnAustralian

A woefully out-of-form Michael Clarke embodies his team's fragile Ashes campaign, says Michael Calvin
Blairites be warned, this could be the moment Labour turns into Syriza

Andrew Grice: Inside Westminster

Blairites be warned, this could be the moment Labour turns into Syriza
HMS Victory: The mystery of Britain's worst naval disaster is finally solved - 271 years later

The mystery of Britain's worst naval disaster is finally solved - 271 years later

Exclusive: David Keys reveals the research that finally explains why HMS Victory went down with the loss of 1,100 lives
Survivors of the Nagasaki atomic bomb attack: Japan must not abandon its post-war pacifism

'I saw people so injured you couldn't tell if they were dead or alive'

Nagasaki survivors on why Japan must not abandon its post-war pacifism
Jon Stewart: The voice of Democrats who felt Obama had failed to deliver on his 'Yes We Can' slogan, and the voter he tried hardest to keep onside

The voter Obama tried hardest to keep onside

Outgoing The Daily Show host, Jon Stewart, became the voice of Democrats who felt the President had failed to deliver on his ‘Yes We Can’ slogan. Tim Walker charts the ups and downs of their 10-year relationship on screen