Also in this newsletter: Von der Leyen goes to Moldova bearing gifts
Industrialist faces multiple charges of failing to deliver accounts’ copies to Companies House
Sting operation has already led to three arrests for ‘on-demand market manipulation’ on trading platforms
As the focus shifts from blaming customers to shutting down scammers, most victims will receive automatic refunds. But is it enough?
Tech group to roll out channel for sharing of transaction intelligence
New fraud rules will see some lenders dock customers’ compensation while others waive charges
Nick Ephgrave says ‘failure to prevent’ wrongdoing offence may spur ‘uptick’ in deferred prosecution agreements
Survey shows half of UK fraud victims gain at least a partial refund for their losses
Legal battle over how UK-based bank pays its dividend
Antonio Neri says company will ‘see through’ effort to seek damages in UK court despite death of former Autonomy chief
Policymakers and police must work together on prevention while individuals should take more responsibility
Munich court rules Markus Braun and others violated duties over loans to suspicious businesses
Regulators have angered consumer groups by slashing the compensation limit on scams to £85,000
Proposed payout limit expected to be cut from £415,000 to £85,000 after industry lobbying
Decision against Dozy Mmobuosi by US court comes after civil complaint by SEC against his Nasdaq-listed companies
Could do better. C–
As a newcomer to the market, I’m worried about falling victim to fraud
It exploits fellow feeling and gnaws away at the foundations of a civilised society
Forcing banks to refund £415,000 opens door to fresh scams, industry warns
Ex-finance chief and former chief product officer accused of having failed to fulfil legal obligations to now-collapsed group
New rules in October will make reimbursement compulsory
Abraham Shafi allegedly hoodwinked backers and spent millions of dollars on personal expenses
Department of Justice alleges Citron Research founder netted at least $16mn from ‘long-running market manipulation scheme’
Self-exiled Communist party critic and associate of Steve Bannon fleeced his online followers, prosecutors said
Implosion in 2021 sent shockwaves through US equity markets and cost Wall Street banks billions of dollars
