fraud

A landmark court ruling in the British Virgin Islands, based on one of the biggest Bernard Madoff feeder funds, will stop any BVI fund from being able to claw back investor redemptions.

A man has been jailed for claiming his dead father's state pension for more than two decades.

Two fraudulent mortgage advisers who appealed fines by the regulator have been hit with higher fines than the original ruling after a hearing at the financial services Upper Tribunal.

French bank Société Générale was the victim of an alleged multi-million pound fraud which occurred within weeks of the much-publicised €4bn fraud by rogue trader Jerome Kerviel - but it was never disclosed to shareholders.

A senior City of London Police detective has been appointed to lead the specialist insurance fraud police unit.

An entrepreneur, whose mansion was used in the movie The King's Speech, has been jailed for committing fraud totaling £4m.

Seven men have been sentenced to a total of 39 and a half years imprisonment for carrying out an £8m investment fraud in a Spanish boiler room operation.

A pensioner who faked his own death and posed as his wife to fraudulently claim on his life insurance has been jailed for six years.

The Financial Services Authority (FSA) has issued an order to ban and fine a London-based mortgage broker £100,000 for fraud, which has been referred to a tribunal for a final decision.

The Financial Services Authority has warned investors against dealing with a firm which is cold calling consumers claiming to be Savoy Investment Management and using the names of real members of staff.