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Preston Whiteside directors in court today

Two of the former directors of Preston Whiteside, the broker alleged to be at the centre of a £3.5m insurance fraud in 2003, are due to appear at a Crown Court hearing in Sheffield today.

Paul Robert Newton and Matthew Neil Walker, are set to be charged with fraudulent trading and forgery following an investigation led by the Serious Fraud Office and three police constabularies

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While both fraudsters and the insurance industry are utilising technology and AI to commit and fight fraud, there are barriers to overcome and changes to be made if we want to swing the pendulum in the industry's favour.

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