New Zealander extradited to face boiler room charges
Authorities in Australia have extradited a New Zealander to face charges that he allegedly defrauded 21 victims, including pensioners, to the tune of A$1.2m (£686,930, $914,550, €772,380).
Scams
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Six jailed for 45 years for eco investment scam
Six members of a crime group have been jailed for a total of 45 years for devising a fake eco-investment scheme as a tax break for wealthy investors, often using the law firm at the heart of the Panama Papers.
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UK compensation scheme warns of Russian scam
UK consumers have been warned to avoid a Russian website claiming to be a subsidiary of the Financial Services Compensation Scheme (FSCS).
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Investment fraudsters targeted in police raids
The City of London Police raided 20 offices with the help of the Financial Conduct Authority and HM Revenue & Customs in a day of action on Tuesday to gather intelligence on different types of investment fraud.
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Foiled UK tax-help scam tally hits million milestone
A million costly tax-help scams have been blocked or diverted by HM Revenue & Customs (HMRC), the authority has claimed.
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Billionaire slams scammers using his image
After his name and image were used to defraud members of the public, a billionaire entrepreneur and investor from Singapore has filed two police reports and issued a public warning.
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Fraudsters target Invesco clients
Invesco Perpetual has issued a stark warning online after discovering its clients are being targeted by “sophisticated” fraudsters in telephone calls and emails.
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Plague of scams prompts more warnings
The UK’s Financial Services Compensation Scheme (FSCS) is the latest body to warn consumers that scammers are using its reputation in a bid to defraud them.
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Police warn on equestrian fraud
Horse racing enthusiasts have been warned to be on the outlook for potential investment fraud in the equestrian community by Action Fraud.
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Massive fraud puts 54 in Abu Dhabi court
Defence witnesses will take to the stand on Sunday on behalf of 54 men charged with scamming almost 2,000 people in a Ponzi-style investment scheme believed to be the biggest in Abu Dhabi history.
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Liars using money saving expert to con victims
A host of dodgy companies and scammers are “trying to leach off the hard-earned reputation” of website MoneySavingExpert.com and its founder Martin Lewis.
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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.