People need to pay more attention about who they trust with their hard-earned money, otherwise they might wind up being a victim of frauds and scammers. In case that happens
(PRWEB UK) 27 November 2014
As reported by the article on Sky News’ official website, dated 29 September 2014: Insider Trading Charges For Ex-Morrisons Exec, a former senior executive working for supermarket group Morrisons has been charged under the suspicion that he took part in insider dealing, by the City watchdog. The Financial Conduct Authority (FCA) said that the executive in question was Paul Gerard Coyle, who was charged with over two offences, contrary to Section 52(1) of the Criminal Justice Act 1993. The alleged offences are connected to the Ocado share trades between February and March 2013, according to the FCA. The investigation conducted by the watchdog lead to the arrest of Mr Coyle last year. He was suspended by the supermarket chain in January. As result of insider dealing, share value in Morrisons dropped 2.4% shortly after the announcement was made, while that of Ocado dropped by 2%. Morrisons issued a statement saying the FCA’s insider dealing investigation "did not concern Wm Morrison Supermarkets plc or any other Morrisons’ employee".
"Morrisons is satisfied with its governance and procedures concerning the handling of market sensitive data in this case and found that the company’s procedures had been properly followed," it said. "These accusations, if proven, would be the result of an individual acting alone."
In light of the events described in the article above, London Private Detectives (https://london-privatedetectives.co.uk/) would like to disclose some information about their fraud investigation services. Victims of fraud don’t have a lot of options. The police are often swamped with cases that are much more pressing than fraud. The best bet is to hire a private investigator to help with the issue, and private investigators at London Private Detectives are among the most renowned detectives in the entire UK. They have reliable expertise and experience, seeing as they have handled hundreds of fraud cases, and solved all of them with success. However, clients need to do their bit and report fraud as soon as possible, as it increases the chances of the fraudsters getting caught. Also, London Private Detectives can help develop some preventative measures as well.
Chief investigator at London Private Detectives, Christine Alexander, took the time to express her concern about the growing number of fraud cases. She also went on to add: “People need to pay more attention about who they trust with their hard-earned money, otherwise they might wind up being a victim of frauds and scammers. In case that happens, you can still rely on us to help you. Give a call today.” London Private Detectives chief investigator Christine Alexander can be reached on 020 7125 0053.