Soccer legend played key role in oiling Germany’s 2006 World Cup bid. The Swiss have done what the Germans couldn’t bring themselves to do. They’ve opened a criminal investigation into soccer legend Franz Beckenbauer over suspicions that he committed fraud and laundered money in helping Germany win the rights to host FIFA’s 2006 World Cup. […]

BACK GROUND A 65-year-old woman facing ruin after sending her life savings to a dating site conman has been convicted of money laundering after she unwittingly passed cash to the scammer from other victims. Foster admitted money laundering at Isleworth Crown Court Sherroll Foster, from Uxbridge, west London, was spared jail after admitting the offence […]

 Nineteen people working for the biggest donor to the Conservative Party have been arrested in France in connection with a multi-million pounds tax and money laundering scandal. All are linked to Lycamobile, the multinational telecoms giant, which has given at least £2.2m to Prime Minister David Cameron’s party since 2011, including half-a-million last year alone. […]

The FCA has charged five individuals with alleged investment fraud. The individuals appeared at Southwark Crown Court charged with conspiracy to defraud with offences under the Financial Services and Markets Act 2000 and the Fraud Act 2006. Two of the individuals are charged in addition with perverting the course of justice contrary to the common […]

Three men convicted of defrauding investors out of almost £80m ($116.4m, €104m) in a London-based Ponzi scheme to fund their lavish lifestyles have been sentenced to nearly 20 years in prison. Forty-year-old Jolan Marc Saunders, Michael Dean Strubel, 54 and Spencer Mitchell Steinberg, 46, were all convicted in February of conspiracy to defraud following an investigation […]

Public Wi-Fi access is a ubiquitous part of networked life in the modern internet. Wi-Fi hotspots provide fast and convenient internet access for the general public at locations such as coffee shops, libraries and community centres, transportation hubs, and private commercial/social spaces. However public Wi-Fi also provides cyber criminals with a number of convenient attack […]

U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit. Gery Shalon, Joshua Samuel Aaron and Ziv Orenstein, all from Israel, were charged in a […]

On 26 October 2015, the FCA published the final notice it has issued to Magnus Peterson, a director at Weavering Macro Fixed Income Fund Ltd, prohibiting him from performing any function relating to any regulated activities following his conviction for fraud. http://www.fca.org.uk/static/documents/final-notices/magnus-peterson.pdf In January 2015, Mr Peterson was convicted of eight counts of fraud, forgery, […]