Have you heard the one about the Croydon conman who paid for his shopping in Harrods with a £245,000 dud cheque?

It's no joke - 49-year-old Philip Buffett of Fairfield Road faces a jail term for fraud after paying with a cheque from a closed account for goods including a £183,000 Hublot watch.

Published in Debt Collection

An official hospitality centre for African nations during the London 2012 Olympic games has been forced to close amid allegations that suppliers have unpaid invoices totalling hundreds of thousands of pounds.

The center, situated opposite the Royal Albert Hall, featured an exhibition area and restaurant open to the general public as well as reception area for games participants, sponsors and officials.