Gang raided in joint UK-Romanian fraud operation
They pretended to help scam victims only to defraud them a second time
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They pretended to help scam victims only to defraud them a second time
It is the fastest growing type of fraud complaint that the FOS receives
The company and one of the executives were also named in the Paradise Papers leak
Victims were promised annual returns between 15% and 22%
He was guilty of ‘the most egregious and persistent offending’
He hid victims’ money in offshore accounts to fund his luxury lifestyle
It expects industry to think of ‘innovative ways to protect savers now and in the future’
Four of the defendants were last known to be living in Russia, Georgia and Indonesia
She was previously sent to prison in 2009 for stealing from her clients
They persuaded 800 victims to invest in a fund involved in the buying and selling of properties
275 victims lost most or all their retirement savings
He has been accused of failing to declare offshore assets of around £400m