Is Financial Crime Investigated Adequately ?

Thursday 11th October 2018

An automated police run system is stopping 450,000 cases from being investigated by police officers adequately, and the cause is an unprecedented rise in financial crime.
Home Office Minister Ben Wallace released the figures after being questioned about whether or not financial crimes in the UK were being dealt with properly. A Lib […]

Cold-Calling Conman Jailed For 13 Years.

Monday 17th September 2018

A man has been sentenced to 13 years in prison, after he was found guilty of conspiring to con dozens of investors out of millions of pounds. Michael Nascimento, ran a call centre where investors were offered shares in fraudulent companies. But instead, the court heard, how he spent some of the […]

Financial Ombudsman Service Tells Banks To ‘Stop Blaming Victims’ !

Thursday 30th August 2018

In their latest newsletter, the Financial Ombudsman Service (FOS) has warned banks to treat victims of financial fraud more fairly, instead of assuming the victim was grossly negligent and to blame.
FOS see thousands of complaints from customers, who have had money stolen from their accounts, and assesses cases where the bank and […]

Crash For Cash Ringleaders Jailed

Friday 20th July 2018

A colossal crash for cash scam, which netted £2 million for its ringleaders, has seen more than 150 people convicted for submitting bogus claims.
 
The full scale of the fraud can now be revealed, as the final 3 defendants in the case have been convicted. All of the parties involved have either admitted or […]