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Fraud

US rapper faces 44 years in jail for $1.7m tax fraud case

North America | 25 Aug 17

US rapper faces 44 years in jail for $1.7m tax fraud case

US rapper DMX, facing 44 years jail for a massive tax fraud, has been ordered to check into a rehabilitation facility to seek treatment after violating bail conditions.

US adviser creates alter ego to defraud pro athlete over fees

North America | 23 Aug 17

US adviser creates alter ego to defraud pro athlete over fees

The US Securities and Exchange Commission (SEC) has charged an adviser with defrauding a professional athlete and his wife by deceiving them about the advisory fees they were paying and making up a person to testify to his goodwill.

Crocodile Dundee fraudster’s Italian trial collapses

Europe | 23 Aug 17

Crocodile Dundee fraudster’s Italian trial collapses

The Italian trial of a Jerseyman at the centre of Australia’s biggest ever tax evasion scandal that ensnared Crocodile Dundee star Paul Hogan has collapsed.

Tax & Regulation | 16 Aug 17

Fraud trial of Lumiere Wealth’s Byrne set for summer 2018

The former managing director of defunct Jersey-based IFA firm Lumiere Wealth, Chris Byrne, will likely stand trial in summer 2018 for, among other things, fraud and knowingly making misleading or deceptive promises to clients.

Three charged in US oil drilling scam promising 55% returns

North America | 15 Aug 17

Three charged in US oil drilling scam promising 55% returns

The US Securities and Exchange Commission has charged two men and an accomplice with defrauding $15m (£11.6m, €12.7m) from more than 150 investors in a scam that promised high returns from an oil drilling investment opportunity.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser. Site managed by Furness Media