Iceland’s Supreme Court has upheld convictions of market manipulation for four former executives of the failed Kaupthing bank in a landmark case that the country’s special prosecutor said showed it was possible to crack down on fraudulent bankers. Hreidar Mar Sigurdsson, Kaupthing’s former chief executive, former chairman Sigurdur Einarsson, former CEO of Kaupthing Luxembourg Magnus […]

Former JJB boss in court accused of £1m fraud A former chief executive of JJB Sports allegedly orchestrated a massive fraud when he was £11m in debt to an Icelandic bank, a court heard yesterday. Chris Ronnie, 52, failed to declare three secret deals between December 2007 and April 2008 while at the helm of […]