fraud

A Bradford-based financial adviser has been jailed after a court found him guilty of stealing almost £400,000 from four vulnerable clients over a 16-year period.

Almost half the victims of the Bernie Madoff ponzi investment scheme will get their money back after a $1.5bn payout was announced, The Times reports.

The High Court has ordered two related companies into liquidation for their roles in a £3.2m land banking scam.

Victims of a £1m boiler room scam are to be paid back a fraction of their losses after the Financial Services Authority (FSA) secured a court order against the fraudsters behind it.

The Pensions Regulator (TPR) has released details of its probe into GP Noble Trustees - vowing to take "swift action" to disrupt fraud in the future.

Five men were jailed yesterday for a total of 20 years for running a multi-million pound boiler room fraud.

The Financial Services Authority (FSA) has called on banks and building societies to improve their work to detect and combat investment fraud.

Three people have been handed custodial sentences after pleading guilty to charges of insider dealing.

Infamous financier Allen Stanford has been sentenced to 110 years in prison for orchestrating a $7bn (£4.5bn) Ponzi scheme.

A Conservative peer has drawn parallels between the collapse of Arch Cru and the Bernie Madoff scandal, stressing the need for the regulator to do more to protect consumers.