Columna Fund investigator calls for Lux’bourg regulator action
Negligence by directors claimed as fund took investors money after problems known
Fraud
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Scot put on FBI most wanted list for investment fraud
Precious metal scam defrauded $400,000 from at least 12 victims
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Lloyds Bank and London police team up to tackle fraud
Sponsorship agreement will see £1.5m invested in policing initiatives
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Adviser who gambled away £15.6m jailed
A once-respected adviser who conned millions out of his community to feed his gambling habit has started a six-year prison sentence.
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Failed Columna Fund investigator sets up task force
A Swiss-based private partnership created to help those who have suffered losses of assets and money from financial companies has launched a task force to recover money from the failed Columna Commodities Fund.
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Failed Columna fund targeted by financial investigator
Switzerland-based financial investigator David Mapley has launched a campaign to seek the return of $400,000 (£307,092, €343,963) for a client who invested in the failed Columna Commodities fund.
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Investment fraudsters steal £51m in three months
Scammers are showing an increased appetite for ripping off unsuspecting UK consumers after £51m was stolen in the first three months of 2018/19, figures from the City of London Police reveal.
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International fight against tax fraud steps up a gear
The UK, Canada, the Netherlands, the United States and Australia have launched an international tax and anti-money laundering team.
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Fraudster ordered to hand over inheritance to pay fine
A UK man who was jailed for seven-years for defrauding investors out of £21m (€23.9m, $28.1m) has had an inheritance he received from his mother’s estate confiscated by the Financial Conduct Authority (FCA).
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Fraud avoidance tool launched by US regulator
The US Securities and Exchange Commission has launched an online search tool to help investors avoid financial fraud and make informed investment decisions.
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Providence boss pleads guilty to $150m fraud
The chief executive of Providence Companies Group has admitted to orchestrating a $150m (£110m, €125m) scam that duped mostly elderly and vulnerable people across the world.
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Pension freedoms fraud a major concern for over-55s
One in three people over the age of 55 say the risk of being defrauded is a major concern following the introduction of the pension freedoms in April 2015, according to research from Prudential.