fraud

The FSA has banned three mortgage brokers from working in regulated financial services and fined a fourth £17,500 for mortgage fraud and advice failings.

The FSA has today confirmed it will launch an unprecedented investigation into the international arm of US bank Goldman Sachs.

A number of beleaguered investors in the suspended CF Arch cru fund range have taken their case to the police, demanding charges be brought for "bad investment advice".

A London mortgage broker who submitted 42 falsified mortgage applications for customers has been banned and fined £103,000 by the FSA.

A financial adviser has been handed a suspended 10-month prison sentence for mortgage fraud following an investigation which began as an illegal drugs probe.

The Serious Fraud Office (SFO) has increased its conviction rate in cases brought before the courts to more than 90%.

Disgraced former The Money Portal (TMP) director Tony Morris - who may face fraud charges - has been tracked down living in one of the most expensive houses in Australia.

Fraudster Bernie Madoff was hospitalised after an attack by a fellow inmate, according to reports.

An industry forum has been established with the task of tackling mortgage fraud.

Seven people have been charged with conspiring to defraud investors through a series of alleged boiler room share scams.