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    Financial fraud

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    • Friday, 22 September, 2023
      News in-depthPrecious metals
      Metals industry grapples with fraud wave

      Revelations of scams targeting Aurubis and Trafigura are only the latest in a sector plagued by scandal

      Scraps of copper
    • Wednesday, 20 September, 2023
      UK data watchdog fines illegal nuisance callers record £590,000

      Move part of wider crackdown on rogue operators targeting the elderly and vulnerable

      An elderly woman holds a phone to her ear
    • Tuesday, 19 September, 2023
      Aurubis AG
      Copper producer Aurubis sets out €185mn hit from suspected fraud

      Hamburg-based group has been probing alleged conspiracy between suppliers and employees

      Powdered copper grout at an outdoor storage plant
    • Wednesday, 13 September, 2023
      Serious Fraud Office UK
      Four people charged over collapse of Patisserie Valerie chain

      Revelation of debts in 2018 led to suspension of trading and loss of more than 900 jobs

      The Patisserie Valerie logo sits on cakes on display
    • Wednesday, 13 September, 2023
      Your QuestionsLucy Warwick-Ching
      Am I the victim of an AI-generated voice scam?

      I paid money to someone pretending to be my supplier

    • Tuesday, 5 September, 2023
      UK Government
      UK government ‘slow to take action’ on Covid-19 grant losses, say MPs

      Public accounts committee finds less than 2 per cent of losses on 8 business support schemes retrieved

      A pedestrian walks past a closed business in Soho, London
    • Friday, 25 August, 2023
      Co-operative Bank
      Former Co-op Bank boss Paul Flowers faces fraud charge

      Case is a rare example of a criminal prosecution of a senior UK banker

      Paul Flowers
    • Wednesday, 23 August, 2023
      Moral Money
      How corporate scandals get swept under the rug Premium content

      Also in today’s newsletter, money managers’ support for ESG proposals slumps

      A Wirecard office bearing the company’s logo
    • Thursday, 17 August, 2023
      News in-depthWirecard AG
      Wirecard’s byzantine fraud grips courts in Munich and Singapore

      A complex international set-up and an absconded top executive have made going tough for investigators

      From left: Markus Braun, Jan Marsalek and James Henry O’Sullivan
    • Monday, 14 August, 2023
      Accountancy
      UK auditing firm charged by SEC over Nasdaq listing failures

      Crowe UK missed fake agreements and fabricated letters in Akazoo records before music streamer was acquired by a Spac vehicle

    • Friday, 11 August, 2023
      Loan fee fraud hits families as cost of living bites

      Scam lenders demand upfront payments

      A woman holding a smartphone makes an online payment
    • Thursday, 3 August, 2023
      KPMG LLP
      US seeks to set aside convictions in KPMG audit scandal

      Prosecutors concede wire fraud charge cannot stand against former managing partner and PCAOB employee

    • Tuesday, 1 August, 2023
      Wirecard AG
      Wirecard’s auditor EY was too gullible, Singapore suspect claims

      Asian trustee of German payments firm admits fabricating documents

      Singaporean Shan Rajaratnam arriving at the State Courts for a Wirecard hearing
    • Thursday, 20 July, 2023
      Wirecard AG
      Jan Marsalek claims third-party business survived Wirecard collapse

      Former second-in-command turned fugitive says outsourced operations continue to be in operation

      Police photographs of former Wirecard executive Jan Marsalek
    • Tuesday, 18 July, 2023
      Wirecard AG
      Jan Marsalek sends unsolicited letter to judges in Wirecard trial

      German lawyer of fugitive former second-in-command submitted his client’s comments in court hearing in Munich

      The logo of German payments provider Wirecard
    • Wednesday, 12 July, 2023
      Trafigura
      Metals tycoon Gupta says Trafigura ‘devised’ $590mn nickel fraud scheme

      Allegations set up blockbuster showdown in London’s High Court

      Nickel chips
    • Wednesday, 12 July, 2023
      FT Financial Literacy and Inclusion Campaign
      Under-21s targeted by money launderers, warns UK fraud agency

      Schools initiative to discourage youngsters from being used as ‘money mules’

    • Saturday, 8 July, 2023
      Meta singled out by UK financial lobby group over digital scams

      UK Finance presses ministers to force tech companies into taking more responsibility for authorised push payment fraud

      Facebook and Meta logos
    • Thursday, 6 July, 2023
      Tom Hayes
      Tom Hayes wins right to appeal Libor conviction for a second time

      Criminal Cases Review Conviction said there is a ‘real possibility’ that Court of Appeal could overturn verdict

      Tom Hayes
    • Wednesday, 28 June, 2023
      Personal Finance
      Push payment fraud complaints rise

      Losses rose to £485mn, despite fall in cases at banks that joined compensation scheme

      A woman holds a smartphone in one hand and a debit card in another
    • Tuesday, 27 June, 2023
      Sam Bankman-Fried
      Sam Bankman-Fried fails to dismiss criminal charges related to FTX

      Former entrepreneur is set to stand trial in October over the dramatic collapse of his crypto exchange

      Sam Bankman-Fried
    • Wednesday, 21 June, 2023
      Wirecard AG
      Singapore fines financial institutions over Wirecard-related breaches

      DBS, OCBC, Citibank and Swiss Life punished for inadequate controls

      Exterior view of the Wirecard building
    • Tuesday, 20 June, 2023
      Wirecard AG
      Singapore hands down first Wirecard criminal convictions

      Two former executives given jail sentences related to collapse of once high-flying German payments group

      The logo of Wirecard pictured at its headquarters in Aschheim, near Munich, Germany
    • Friday, 9 June, 2023
      Financier who used fraud proceeds to fund ‘lavish lifestyle’ sentenced to 14 years

      Anthony Constantinou, who ran fraudulent foreign exchange trading firm Capital World Markets, is still on the run

      Anthony Constantinou outside a London court in March
    • Thursday, 25 May, 2023
      Cryptocurrencies
      UK crypto fraud losses jump 40%

      Data from national reporting agency for cyber crime shows £300mn in losses over past year

      Montage showing a representation of bitcoin and a rising graph
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