An MOT tester has received an eight-month suspended custodial sentence for issuing 31 MOT certificates without carrying out the tests, at Taunton Crown Court on 26 August 2022. He was also banned from MOT testing for five years by DVSA.
On 15 July 2022, Grantham Capital Ltd (Grantham Capital), which bought Europe’s largest independent retreader Vaculug Limited in 2018, went on the record as saying that the company has “effectively received” $2.5 million from the former owners as part of its “settlement” of the fraud action it brought against Vaculug’s former owners on 16 January 2020.
The Federation of Engine Remanufacturers (FER) is warning the industry to avoid and report any suspicious engine remanufacturers as there has been an increase in fraudulent activity with some increasing prices for sub-standard and unprofessional work.
The National Franchised Dealers Association (NFDA) Trusted Dealers has carried out a survey of 1,000 drivers which found that almost two thirds (57 per cent) of motorists surveyed do not know how to check if their vehicle has been clocked, and the majority (57 per cent) said they are worried about buying a car that has had its mileage altered.
The IAAF’s latest breakfast network meeting will provide members with advice on corporate fraud, acknowledging recent increases in fraud cases. Held at IAAF head office, Castle Bromwich on Thursday 24 September, Colin Fyles from Financial and Credit Insurance Services Limited will examine, using in-depth case studies, the different types of corporate fraud, where your company could be targeted and how to combat and avoid it.