fraud

South African fraudsters have created fake life stories to apply for special state pensions offered to anti-Apartheid campaigners.

Two members of staff at a Department for Work and Pensions (DWP) office have been arrested following a police raid.

The Serious Fraud Office (SFO) has completed its investigations into three investment frauds which lost hundreds of investors millions of pounds following a decision at Harrow Crown Court last week.

The trustee liquidating Bernard Madoff's former firm has won an appeals court ruling backing his method of working out which investors can recover money lost in the Ponzi scheme.

A former Barclays Bank employee has been jailed for three years after he stole £820,000 from a pensioner's bank account.

A former financial adviser has been named as one of the ten most wanted fraudsters from across the UK by Crimestoppers for a multi-million pound mortgage application fraud scheme.

A trustee tasked with returning money to victims of Bernard Madoff's Ponzi scheme fraud says more than $1bn (£610m) has been recovered from investment funds which placed money with the fraudster.

A financial adviser for Lloyds TSB who took almost £140,000 from his children's school and from his clients has been jailed for 18 months.

Industry must work together to fight criminal applications

An insurance fraud police unit is to be set-up, paid for through a police-private sector partnership.