A fraudster who took over £1m from 60 victims in a Ponzi-style investment scam has been jailed for five and a half years.
The FCA has obtained a confiscation order against convicted fraudster John Burford, the former NASA physicist who defrauded more than 100 investors out of £1m between 2016 and 2021.
The Serious Fraud Office has secured an additional £491,967 confiscation order against a man who conned British expats in Indonesia.
The FCA has banned convicted P2P fraudster brothers Andrew and Peter Currie from performing any function in relation to any regulated activity.
The Serious Fraud Office (SFO) has begun a £300m fraud and bribery investigation into listed UK social housing company investment vehicle Home REIT.
The FCA has decided to no longer seek a £5.95m financial penalty against Nailesh Teraiya, formerly sole controller and chief executive of Indigo Global Partners Limited (Indigo).
Former NASA physicist John Burford has pleaded guilty in a £1m investment fraud case, following a prosecution brought by the FCA.
The FCA, backed by City of London Police, has arrested four individuals over suspected fraud and money laundering offences.
A chess-playing fugitive fraudster who stole more than £750,000 in a tax and mortgage fraud faces an extra five years in prison for not paying back the money.
