Serious Fraud Office
United Kingdom | 24 Mar 15
Extradited IFA pleads guilty to Ponzi scam
A British-based financial adviser, who fled to Malaysia after his company collapsed, has confessed to setting up a Ponzi scheme which inflicted millions of pounds in losses on investors.
Former hedge fund manager convicted
A former City hedge fund manager has been convicted of a multi-million pound fraud in what the Serious Fraud Office described as the first hedge fund prosecution to arise out of the 2008 financial crisis.
Exdirector faces 1 5m penalty global fund fraud
An investment firm director has been ordered to pay £1.5m in compensation over his involvement in a fraudulent global fund for which he was previously jailed.
Serious Fraud Office to investigate Timothy
Timothy Schools, the former manager of the failed legal financing fund Axiom, is being investigated by the Serious Fraud Office, International Adviser understands.
United Kingdom | 3 Sep 12
three jailed for fraud on majorca expats
Two men and a woman were jailed for prison terms of up to nine years for their roles in an investment fraud conducted against expatriates in Majorca.