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Fraud

UK to crackdown on managers responsible for corporate crime

Tax & Regulation | 13 Jan 17

UK to crackdown on managers responsible for corporate crime

The UK government is to toughen laws governing fraudulent or dishonest activity by financial services companies to make it easier to successfully prosecute criminal offences such as fraud, money laundering and false accounting.

Boss of £23m biofuel scam jailed for eight years in Cambodia

Asia | 4 Jan 17

Boss of £23m biofuel scam jailed for eight years in Cambodia

The chairman of a collapsed biofuel investment scheme has been convicted of fraud and sentenced to eight years in prison by a Cambodian court.

Scams and rogues of 2016

Investment | 28 Dec 16

Scams and rogues of 2016

International Adviser revisits some of the biggest investment scams and scandals reported in 2016 as we look forward to the day when greater transparency delivers better client outcomes.

Two-week jail term and $7k fine for ex-BSI banker in 1MDB case

Asia | 16 Dec 16

Two-week jail term and $7k fine for ex-BSI banker in 1MDB case

Former BSI Singapore director Yvonne Seah has been sentenced to two weeks in prison and fined S$10,000 (£5,553, $6,943, €6,632) as part of the investigation into 1Malaysia Development Bhd (1MDB).

Former French budget minister jailed for tax evasion

Europe | 13 Dec 16

Former French budget minister jailed for tax evasion

Jerome Cahuzac, a cosmetic surgeon and former French budget minister tasked with cracking down on tax evasion, has been jailed for three years after he was found guilty of tax fraud and money laundering.

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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.