Scams
Best Practice | 31 May 17
Scammers use speech tricks to con victims
Cold-calling fraudsters use an urgent tempo when speaking or apologetic language to convince victims that they are genuine, research from scam awareness group Take Five suggests.
Tax & Regulation | 30 May 17
Fraudster fined just £1 in £5m UK landbank scam
A scammer involved in one of the Financial Conduct Authority’s (FCA) biggest investigations into unauthorised investment schemes is to pay just £1 ($1.28, €1.15) in compensation to victims who were duped into investing more than £5m in three landbank companies.
UK fraudsters fined £2m over property scam
A long-running investigation by the UK’s Financial Conduct Authority (FCA) has finally ended after eight men were convicted and fined over £2m (€2.3m, $2.5m) for running a property scam which conned investors out of more than £4.3m.
Adviser and his wife convicted of £1.7m property fraud
A “heartless” adviser and his wife have been found guilty of swindling people out of £1.7m (€1.9m, $2.1m) after the longest trial in UK criminal history.
Tax & Regulation | 17 May 17
Adviser in court for investing £1.2m in Polish property fund
A former financial adviser in the UK has denied forging clients’ signatures so he could invest £1.26m (€1.47m, $1.62m) of their money into a high-risk Polish property fund for his own benefit.