Tell the Community Your Story
Submit your Fraud Alert HERE
Fraud Alert
Post Your Fraud Alert Here
Employees at some of the largest hedge funds are picking up the phone and think they are talking to their boss – but they’re not. That’s because hackers have launched a coordinated AI voice clone phishing attack targeting investment banks across the country. The sophisticated attacks, which mimicked key executives’ voices, attempted to trick employees …
Companies will benefit from easier initial public offering (IPO) listings thanks to changes to the rules from the FCA. This will allow the UK listings market to compete more effectively with global markets.The reforms will reduce execution risk for issuers, lower compliance costs and make it easier for companies to access public markets. As part …
The phone call started like a routine fraud alert. American Express, or at least someone claiming to be American Express, told a customer that a second account had been opened in their name. Then came the twist. The new account, the caller said, had been used to buy child exploitation videos. That’s when the shock …
The Upper Tribunal upheld the FCA’s decision to ban Richard Fenech and Heather Dunne from working in financial services. The Tribunal agreed that both acted dishonestly by providing a backdated appointed representative agreement to the FCA.The Tribunal found that Ms Dunne falsely claimed she had given advice to some pension schemes before she had done …
“Is now a bad time to talk?” Deal-making techniques are often obsessed with getting to ‘yes’, but Chris Voss has a different approach. In a 24-year career with the US Federal Bureau of Investigation (FBI), negotiating with terrorists and criminal organisations, he learnt to get better results by tactical empathy along with preserving a person’s …
Transaction reporting requirements become smarter, simpler and more proportionate under new rules from the FCA. Transaction reports are critical to the FCA’s ability to detect and investigate market abuse, monitor market functioning and supervise firms effectively.The new rules are designed to ensure the FCA continues to receive accurate, high-quality data while eliminating duplicative or low-value …
For most of the last decade, eCommerce fraud teams have had a reliable tell. Humans behave like humans at checkout. You see it in mouse movement, typing cadence, the order in which someone fills out a shipping form and how long they linger before adding to the cart. Behavioral analytics built on those patterns catches …
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 …
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 …
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 …
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.
2026-27 Director and senior management team expenses 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 …
On 28/07/2026 Brian reported this fraudulent activity: Financial investment fraud When asked if the incident has been reported, Brian said: “Yes” Brian indicated that the incident has been reported to the: FSCA Brian said this about the Financial investment fraud fraud: A Telegram group called SEI Investments added me to their group without my permission. …
