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Fraud

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.

HMRC recovers record 365bn in unpaid tax

Industry | 10 Nov 14

HMRC recovers record 365bn in unpaid tax

HM Revenue & Customs has recovered a record amount of tax from big ticket avoidance, evasion, and fraud, up nearly a quarter on last year.

UK fraudster sentenced to seven years

United Kingdom | 17 Feb 14

UK fraudster sentenced to seven years

Bournemouth's Benjamin Wilson has been sentenced to seven years imprisonment for defrauding investors of more than £21m.

iom warns on alpha fund management

Tax & Regulation | 5 Apr 12

iom warns on alpha fund management

The Isle of Mans Financial Supervision Commission has issued a warning in relation to Alpha Fund Management, a potentially fraudulent entity claiming to be located on the island.

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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. Site managed by Furness Media