Fraud
United Kingdom | 9 Feb 16
Three convicted in London-based Ponzi scheme
Three men have been convicted of a conspiracy to defraud investors in a London-based Ponzi scheme, which involved a form of purchase order financing.
United Kingdom | 4 Feb 16
City of London Police looking for victims of potential Ponzi scheme
The City of London Police is appealing for more victims to come forward of a potential Ponzi scheme which targeted members of the Gurka and Nepalese community.
Chinese Ponzi scheme scams billions from 900,000 investors
Chinese authorities have arrested 21 people involved in a peer-to-peer (P2P) lending scheme suspected of defrauding 900,000 investors of around CNY50bn (£5.3bn, $7.6bn, €7bn).
Tax & Regulation | 20 Jan 16
Former KPMG partner among 10 charged with tax cheating
The former head of investment advisory for KPMG in the UK, Patrick McCoy, is one of 10 people charged with tax cheating offences who have been ordered to appear at Birmingham Magistrates’ Court next month.
Aussie adviser gets nine years for stealing A$9m
A financial adviser from Australia has been sentenced to nine-and-a-half years in prison after he pleaded guilty to 33 counts of fraud and 21 counts of falsifying records that resulted in investors losing millions.