Search Results for: fraud
NHS accountant jailed over £2m fraud
July 30th, 2014
The former head of financial accounting at two NHS trusts has been jailed for stealing £2.2m of NHS funds, which he used to buy a portfolio 11 properties in Sussex and London. Trevor Barry Cosson (38) defrauded the cash ...
Tax fraud in Catalonia advances talks
July 28th, 2014
Jordi Pujol, the patriarch of Catalan politics, has admitted conducting tax fraud by hiding money offshore. Mr. Pujol, 84, founded Catalonia’s governing party, Convergence, and was its leader from 1980 to 2003. During that period, he acted as a ...
StubHub Defrauded Of $1.6M Worth Of Tickets; 7 People Arrested Worldwide
July 24th, 2014
Seven people linked to an international cybercrime ring were arrested for defrauding online-ticketing company StubHub of about $1.6 million. The operation, which involved police forces from several countries, was tracking the cyber thieves for hacking into the online accounts ...
UK Serious Fraud Office to launch forex market manipulation probe
July 21st, 2014
The UK’s Serious Fraud Office (SFO) is reportedly planning to launch the criminal investigation into alleged manipulation of the $5.3trn-a-day foreign-exchange (forex) market. Unnamed sources with the knowledge of matter were quoted by The Financial Times as saying that ...
FBI sentences man for a $3.4 Million Forex trading fraud
July 17th, 2014
The American Federal Bureau of Investigation(FBI) has announced that a Quincy man swindled more than two dozen investors out of $3.4 million in an exotic foreign exchange fraud run from his Quincy home. Marcellus Lopes Lee was indicted in ...
Despite Exposure of Madoff Fraud, New Ponzi Schemes Emerge
July 11th, 2014
When the money was rolling in from investors, Scott W. Rothstein, a lawyer in Fort Lauderdale, Fla., bought his wife, Kimberly, more than $1 million in jewelry, including an opulent 12-carat yellow diamond ring. He lived in a multimillion-dollar ...
Kesgrave: Accountant sentenced over £24,000 fraud has paid back nearly £5,000 in compensation
July 4th, 2014
A partner at an accountancy firm with branches in Suffolk and Norfolk who admitted fraud involving £24,000 has repaid the outstanding balance from his offending, a court has heard. Adam Clarke, who worked in the business recovery department of ...
Devon VAT fraud accountant jailed
June 24th, 2014
Devon accountant Robert Carpenter was jailed at Exeter Crown Court last week after pleading guilty to a £95,000 VAT fraud. The accountant from Barnstaple was sentenced to 12 months’ imprisonment and was also banned from being a company director ...
Utah Court Imposes over $44 Million in Sanctions for Commodity Pool Fraud and Misappropriation
June 20th, 2014
The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Order requiring Defendants Robert J. Andres of Houston, Texas, his company, Winsome Investment Trust (Winsome), Robert L. Holloway of San Diego, California, and his company US Ventures LC ...
Bristol financial controller jailed for fraud
June 19th, 2014
The Western Daily Press and Bristol Post reported that Neil Gover was sentenced to 20 months’ imprisonment at Bristol Crown Court, after he pleaded guilty to fraud by abuse of position. Gover’s fraud was discovered by the owner of ...
