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Fraud

UK pension fraud hits record high

Retirement | 15 May 17

UK pension fraud hits record high

Twenty-four victims of pension fraud lost a record £8.6m ($11.1m, €10.1m) in March 2017, a 10-fold increase from the previous month, figures from the City of London police reveal.

Newcastle and West Ham raided in HMRC tax fraud probe

Tax & Regulation | 26 Apr 17

Newcastle and West Ham raided in HMRC tax fraud probe

HM Revenue & Customs has raided football clubs Newcastle and West Ham and locations in France following investigations into tax fraud.

Former adviser faces 20 years in jail for duping ex-Spurs star

North America | 4 Apr 17

Former adviser faces 20 years in jail for duping ex-Spurs star

A former financial adviser is facing up to 20 years in prison after pleading guilty in a multi-million dollar fraud case involving retired San Antonio Spurs basketball player Tim Duncan.

HMRC launches new tax fraud hotline

Tax & Regulation | 4 Apr 17

HMRC launches new tax fraud hotline

HM Revenue and Customs (HMRC) has launched a hotline for the public to report tax fraud and evasion.

US regulator ‘freezes’ lottery ticket boiler room scam

North America | 29 Mar 17

US regulator ‘freezes’ lottery ticket boiler room scam

A boiler room scam selling shares in a lottery ticket company that spent investor money on strip clubs, among other things, has had its assets frozen by the US Securities and Exchange Commission (SEC).

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

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.