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fraud

swift

SWIFT announces new security tool to strengthen customer fraud controls

20/09/2016(0)
Anti-fraud reports introduced under SWIFT’s Customer Security Programme Supports banks by helping detect unusual payment flows quickly and easily Improves possibility of cancelling fraudulent transfers SWIFT announces the introduction ... Read More
103806643-RTSIXDS.530x298

HSBC executive pleads not guilty to US charges in forex-related scheme

30/08/2016(0)
A senior HSBC executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank’s clients. ... Read More
jail

Accountant in UK jailed from fraud

26/08/2016(0)
A Financial Controller who defrauded his company by nearly £25,000 has been jailed for 18 months. Gurmukh Shehri, 33, from Woolwich, had day-to-day oversight of his company’s salary payment ... Read More
cftc-logo

CFTC announced fines for fraud on Forex commodity pool

23/08/2016(0)
CFTC Orders California Resident Irina Feldman and her Companies Cindium Inc. and Einstein Exchange Group Inc. to Pay More than $600,000 for Solicitation Fraud and Misappropriation in Commodity Pool ... Read More
Barclays

Barclays reaches $100M Libor settlement

09/08/2016(0)
Barclays Bank PLC (BCS) has agreed to pay $100 million to settle allegations that its manipulation of a global financial benchmark defrauded government entities and non-profit groups across the U.S. Announced Monday, the settlement includes $93.35 million ... Read More
Securities Exchange Commission

NYC Audit Firm to pay penalty for failing to spot fraud in financial statements of a public company

25/07/2016(0)
The Securities and Exchange Commission suspended an accountant for conducting a faulty audit of the financial statements of a public company that was committing fraud, and the firm where he ... Read More
legal

Cashier jailed after stealing office money from international law firm

25/07/2016(0)
A cashier at a leading international law firm has been banned from the profession and served a jail sentence after stealing over £700,000. Juliette Holland, 46, was found to ... Read More
scam

The founder of the Bitcoin Savings and Trust company gets 18 months in prison for Fraud

25/07/2016(0)
Trendon Shavers, the mastermind behind the disgraced Bitcoin Savings & Trust Ponzi scheme, has been sentenced to 18 months in prison on one count of securities fraud. In addition, ... Read More
HSBC building

Two top HSBC currency traders charged in forex probe

21/07/2016(0)
A top HSBC executive has been charged with fraud in the US. Mark Johnson, HSBC’s global head of foreign exchange trading was arrested on Tuesday night. A former colleague, ... Read More
bucharest

Romanian police reveal Israel links to illegal binary options firms

07/07/2016(2)
Romanian prosecutors are set to try at least 10 individuals involved in alleged forex and binary options fraud who were operating illegally on Romanian soil, the country’s Police Directorate ... Read More
Broker Cyprus TopFX