Fraud
Latest news | 3 Nov 17
STM CEO mulling ‘options’ over laundering arrest
Arrested STM chief Alan Kentish is ‘exploring various options’ to speed up his case with Gibraltar money laundering investigators.
Doughnut pioneer charged with $30m Jersey tax fraud
The man who brought the Krispy Kreme Donut franchise to Australia is facing potentially 10 years in jail if found guilty of concealing A$30m in Jersey to dodge tax.
UK compensation scheme warns of Russian scam
UK consumers have been warned to avoid a Russian website claiming to be a subsidiary of the Financial Services Compensation Scheme (FSCS).
Ex-SJP adviser jailed for gambling away £850k of client money
An appointed representative of St James’s Place has been jailed for 40 months after being found guilty of stealing and losing £844,010 ($1.1m, €940,707) from eight clients over a period of three years.
Investment fraudsters targeted in police raids
The City of London Police raided 20 offices with the help of the Financial Conduct Authority and HM Revenue & Customs in a day of action on Tuesday to gather intelligence on different types of investment fraud.