SFO

The FSA will recruit 30 more lawyers and investigators to combat commercial crime, even as it faces being broken up, according to reports.

The Serious Fraud Office says the UK urgently needs a new centralised fraud database to combat rising financial crimes as the current FSA-run register is "clearly not working".

A former director of investment firm Imperial Consolidated Group has been sentenced 3 ½ years imprisonment for his part in a global fraud conspiracy.

Two men have been jailed over a boiler room scam in which they creamed off 80% of the invested funds.

Adviser firms must establish robust risk management and compliance procedures as the financial services industry prepares for tough regulatory reform, writes Michael Ralls from Kroll Background Worldwide.

George Osborne says a Tory Government would create an Economic Crime Agency to tackle white-collar crime and bin institutions like the SFO.

The Serious Fraud Office (SFO) is now investigating the activities, control and ownership of Lifemark, and the activities of Keydata in marketing and selling products underpinned by bonds issued by Lifemark.

Convicted fraudster Kevin Foster was today jailed for 10 years for duping more than 8,000 investors through a number of investment scams.

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

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