fraud

Businesses are being urged to "recognise the threat' of fraud after a 9% jump in reported cases last year.

A father and son who masqueraded as financial advisers have been given a suspended jail sentence after conning £15,000 out of a couple and using the money for their own purposes.

Financier Allen Stanford is to stand trial in Houston on Monday charged with masterminding a $7bn 'Ponzi' scheme in which more than 20,000 people were lured by the promise of high returns.

A tax adviser has been found guilty of attempting to defraud clients of £70m with a tax avoidance scheme.

Victims of the Bayshore Nominees boiler room scam are to receive just 7p back for every £1 invested, according to the Financial Services Authority.

Taxpayers suspected of fraud by HMRC will be able to avoid criminal investigations if they admit to their actions, under a new initiative.

Banks are ignoring the risk of fraud committed by their own employees despite investment in anti-fraud systems, accountancy firm BDO has warned.

The Dubai Financial Services Authority (DFSA) is alerting the financial services community and members of the public to two fraudulent websites - www.difc-ib.com/ae/ and www.difcbk.com.

Doctors are increasingly assisting insurance fraud alongside other professionals such as solicitors and vets, police have revealed.

Pension reciprocation, or pension unlocking, agreements operated by Ark Business Consulting are illegal, judges in the High Court ruled on Friday.