Fraud
United Kingdom | 13 Jul 17
UK pays out £3m in client claims against Shearer’s former IFA
The Financial Services Compensation Scheme (FSCS) has footed a £3m bill ($3.8m, €3.4m) in compensation to customers served by Kevin Neal, the former financial adviser to ex-football star Alan Shearer.
North America | 3 Jul 17
Banned UK fraudster charged with £37m investment scam in US
A man disqualified from working as a director in the UK has been charged with fraud by the US Securities and Exchange Commission (SEC) for misleading investors in a $37m (£28m, €32m) scam.
Messi to swap prison sentence for €255k fine in tax fraud case
Football star Lionel Messi could see his 21-month prison sentence for tax fraud replaced with a €255,000 (£224,313, $285,381) fine, Spanish prosecutors have said.
Middle East | 22 Jun 17
Nearly 2,000 caught up in ‘biggest ever’ Abu Dhabi scam
Almost two thousand people have been caught up in a AED800m (£172m, $218m, €195m) Ponzi-style investment scheme that turned out to be the biggest scam in Abu Dhabi history.
Mourinho accused of tax fraud by Spanish prosecutors
Manchester United manager Jose Mourinho has become the latest football figure to be accused of tax fraud by Spanish prosecutors.