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USA player Bodugum Akhilesh Reddy has been banned from all cricket for eight years after an ICC Anti-Corruption Tribunal found him guilty of breaching three counts of the ICC Anti-Corruption Code. The charges relate to the Abu Dhabi T10 2025 in the United Arab Emirates (UAE) for which the ICC was appointed by the Emirates …
The Trump administration announced on July 21, 2026, that it’s withholding US$867 million in federal healthcare funding for California and $200 million for Minnesota – a total of more than $1 billion. Federal officials said the two states had failed to provide sufficient evidence that a number of disputed medical claims were legitimate. These include …
The FCA has censured Equity for Growth (Securities) Limited (EFG) for approving financial promotions relating to minibonds that were unfair, unclear and misleading. EFG approved financial promotions which failed to disclose very high commission fees charged by its appointed representatives and other introducers for marketing the minibonds to investors. Appointed representatives carry out regulated activities …
Imagine receiving a message from your bank about suspicious activity on your account, only to discover that someone has accessed your personal information after an organisation you trusted suffered a data breach. Or finding that your medical records or identity details have been exposed online without your knowledge. As more South Africans use digital services …
On 30 July 2026, Blue Motor Finance Limited (BMFL) was placed into administration. Simon Edel, Richard Barker and Alan Michael Hudson of Ernst & Young LLP were appointed as joint administrators. BMFL (firm reference number 737682) operated as a motor finance lender.The firm had been running at a loss for a number of years and …
The FCA has published a package of reforms designed to improve transparency, strengthen access to market-wide information and support confidence in UK equity markets. The package confirms the framework for a future equity consolidated tape, consults on targeted market structure reforms and introduces an interim market activity reporting tool for shares.UK equity markets offer investors …
2025-26 Government Procurement Card spend over £500 CLICK HERE to read the article on SFO. What is the SFO? The Serious Fraud Office (SFO) is a specialist prosecuting authority tackling the top level of serious or complex fraud, bribery and corruption. We are part of the UK criminal justice system covering England, Wales and Northern …
A voice message came from his Wu’s fathers WhatsApp Account. The voice matched his fathers exactly. It had the same speech patterns as his dad and the same urgency his busy father often had when he needed to close a business deal. His father needed HK$1 million (about $127,000) wired into a business friends account. …
On 30 July 2026, Lucy Beck attended Southwark Crown Court for a hearing in relation to unauthorised promotions on social media. Ms Beck entered a not guilty plea and the date of her trial has been set as 12 June 2028.It is alleged that Ms Beck promoted buying and selling Foreign Exchange Contracts for Difference …
In April 2026, Kenyan runner Sabastian Sawe became the first person to officially run the marathon in under two hours. This milestone was anxiously awaited by the running world. The discussions that followed touched on several topics. These ranged from the “secrets” of Kenyan running successes, to the new-fangled “super shoes” Sawe and others wore …
The FCA and Bank of England (Bank) have appointed members to their Transaction and Post-trade Reporting Harmonisation Taskforce. The taskforce will inform our long-term approach to harmonising transaction and post-trade reporting requirements across UK Markets in Financial Instruments Regulation (UK MiFIR), UK European Market Infrastructure Regulation (UK EMIR) and UK Securities Financing Transactions Regulation (UK …
The FCA alleges that in his role as a solicitor at a law firm, Mr Bloomfield worked on an acquisition of Seraphine Group PLC and used inside information obtained through his role to deal in securities of Seraphine Group PLC on 5 occasions between 28 March 2022 and 10 January 2023. Mr Bloomfield appeared before …
Four people have been arrested and search warrants executed in Hackney, Beckenham and Slough as part of a FCA and police investigation into fraud and money laundering. The arrests and searches were carried out by the police’s Eastern Region Special Operations Unit and South East Regional Organised Crime Unit with the FCA. The suspects were …
The FCA has decided to ban a father and son from UK financial services after the High Court found that they had engaged in fraud and misused client money. Alec Finch and Robert Finch have referred the Decision Notices to the Upper Tribunal where each will present their case. Any findings in the Decision Notices …
In September 2025 Mr Burford, 86, was sentenced to 2 years in prison for defrauding over 100 investors out of £1m. He offered trade alerts and investment opportunities in managed ‘funds’, despite lacking FCA authorisation. The FCA found he repeatedly misled investors about fund performance, concealed losses and used their money for personal gain, including …
POLOKWANE – A 60-year-old Warrant Officer, Mfundisi Benneth Kubayi, attached to Giyani SAPS, appeared before the Giyani Magistrate’s Court on Tuesday, 28 July 2026, on a charge of corruption following his arrest by members of the Limpopo Provincial Anti-Corruption Unit. The court appearance stems from allegations that in July 2020, the police officer allegedly misrepresented …
David Reed doesn’t work for the government. He is a private citizen in North Carolina, and over the past six months, two car dealers have cut checks to the Justice Department for $3.6 million because of him. So what happened? He filed False Claims Act lawsuits against Jeff Wyler Automotive and Garber Management Group, two …
Think of the last time you made a payment, transferred money, used a banking app or logged on to online financial services. Did you give much thought to the infrastructure that makes those essential everyday transactions possible?Let’s be honest, you probably didn’t. Most people don’t – until something goes wrong.Financial services rely on a network …
The European Commission today published its 2025 Annual Report on the Protection of the EU’s Financial Interests (PIF Report), introducing for the first time a comprehensive assessment of the entire anti-fraud cycle and setting out the next steps to strengthen the protection of the EU budget. CLICK HERE to read this article and more on …
FOI Log – June 2026 CLICK HERE to read the article on SFO. What is the SFO? The Serious Fraud Office (SFO) is a specialist prosecuting authority tackling the top level of serious or complex fraud, bribery and corruption. We are part of the UK criminal justice system covering England, Wales and Northern Ireland.