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Fraud

Phoenix prevents 8m theft pension liberation

Companies | 19 Mar 15

Phoenix prevents 8m theft pension liberation

Jersey-headquartered life insurer, Phoenix Group, said potential fraudsters attempted to steal £8m of clients’ pension savings last year.

FX trader jailed for seven years for scam

Tax & Regulation | 2 Feb 15

FX trader jailed for seven years for scam

A man who claimed he was trading on foreign exchange markets has been jailed for seven years after conning investors out of £5.5m and splashing the cash on himself.

Footballers lose 30m in investment con

Investment | 5 Jan 15

Footballers lose 30m in investment con

100 footballers including Irish national Robbie Keane and ex-Fulham midfielder Jimmy Bullard are reported to have lost out in an alleged £30m investment con.

ExIFA faces jail for Ponzi scheme

United Kingdom | 1 Dec 14

ExIFA faces jail for Ponzi scheme

A former financial adviser faces a prison sentence after he scammed investors in a fraudulent scheme which raked in £2.6m.

Exdirector faces 1 5m penalty global fund fraud

Industry | 17 Nov 14

Exdirector faces 1 5m penalty global fund fraud

An investment firm director has been ordered to pay £1.5m in compensation over his involvement in a fraudulent global fund for which he was previously jailed.

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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.