Legal
Fraudster found guilty of £70m Ponzi-style investment scam
Victims were offered returns of 60% per year
Aussie regulator sues life insurance company
For alleged ‘unfair and misleading contract terms’
UK financial adviser pleads not guilty to 28 charges of fraud
He allegedly defrauded 17 victims of more than £5m
£4m Ponzi scheme duo found guilty
Victims were told investment was low risk and they could withdraw funds at any time