Scams
North America | 6 Sep 17
FBI arrests radio show host in $5.6m investment fraud
The co-host of a US sports radio show has been arrested by the FBI on investment fraud-related charges in connection with an alleged fake ticket scam that he started after accumulating millions in gambling debts.
Best Practice | 5 Sep 17
Anti-scam warnings on fake pension websites tricking investors
Rogue pension websites are carrying anti-scam messages to try to trick UK consumers into believing that they are legitimate businesses, The Pensions Regulator (TPR) has warned.
North America | 31 Aug 17
US tax workers jailed for using foreign IDs in $5m scam
Three Americans have been convicted of using the stolen identities of foreign nationals to conspire to defraud the US Internal Revenue Service (IRS) of more than $5m (£3.9m, €4.2m) over the course of four years.
Law firm loses appeal in ‘mafia risk’ property project
An Italian law firm has lost its appeal against a British High Court ruling that it was under a duty to warn investors over a failed property scheme that is now under investigation for allegedly being a money-laundering vehicle for the mafia and IRA.
United Kingdom | 11 Aug 17
London police make arrest in suspected boiler room scam
A man was arrested in London on Thursday on suspicion of helping to set up a boiler room scam that was used to persuade people to invest in a non-existent crypto currency.