Ringleader of £3m ‘boiler room’ scam jailed for 13 years following FCA investigation September 15, 2018 The ringleader in a £2.8m boiler room scam was sentenced to 13 years in Jail yesterday after he was found guilty of co-ordinating a scam through a series of boiler room companies that conned 170 investors. The investigation into the scam, called Operation Tidworth, was one of the most complex taken on by the Financial Conduct [...]
Ringleader of £3m ‘boiler room’ scam jailed for 13 years following FCA investigation September 15, 2018 The ringleader in a £2.8m boiler room scam was sentenced to 13 years in Jail yesterday after he was found guilty of co-ordinating a scam through a series of boiler room companies that conned 170 investors. The investigation into the scam, called Operation Tidworth, was one of the most complex taken on by the Financial Conduct [...]
Ukraine and Russia to go head-to-head in public trial over $3bn loan dispute September 14, 2018 Ukraine and Russia are set to go head-to-head in a full public trial over a $3bn loan dispute set against the backdrop of a tense sovereignty battle between the two countries. The Law Debenture Trust, representing Russia, has sued Ukraine for its failure to repay the loan made to Ukraine through Eurobonds in 2013. Ukraine has defaulted [...]
Ukraine and Russia to go head-to-head in public trial over $3bn loan dispute September 14, 2018 Ukraine and Russia are set to go head-to-head in a full public trial over a $3bn loan dispute set against the backdrop of a tense sovereignty battle between the two countries. The Law Debenture Trust, representing Russia, has sued Ukraine for its failure to repay the loan made to Ukraine through Eurobonds in 2013. Ukraine has defaulted [...]
Playboy given green light to sue BNP Paribas arm over unpaid casino cheques September 13, 2018 Playboy has been told it can sue BNP Paribas's Italian subsidiary for deceit over unpaid cheques by a gambler who vanished after using its Mayfair casino. Playboy Club, which operates a members-only club and casino in the high-flying district, has been pursuing Banca Nazionale Del Lavaro for providing a credit reference to Lebanese gambler Hassan [...]
Playboy given green light to sue BNP Paribas arm over unpaid casino cheques September 13, 2018 Playboy has been told it can sue BNP Paribas's Italian subsidiary for deceit over unpaid cheques by a gambler who vanished after using its Mayfair casino. Playboy Club, which operates a members-only club and casino in the high-flying district, has been pursuing Banca Nazionale Del Lavaro for providing a credit reference to Lebanese gambler Hassan [...]
EY boss hits back at calls to break up Big Four September 13, 2018 The global chief executive of EY has hit back at criticism of the Big Four financial services firms, which have been slammed for the lack of competition in the audit market following high-profile corporate collapses. The company, which today announced boosted global revenue of $34.8bn in the financial year to the end of June, came under [...]
EY boss hits back at calls to break up Big Four September 13, 2018 The global chief executive of EY has hit back at criticism of the Big Four financial services firms, which have been slammed for the lack of competition in the audit market following high-profile corporate collapses. The company, which today announced boosted global revenue of $34.8bn in the financial year to the end of June, came under [...]
Slaughter and May hires former Serious Fraud Office head David Green as senior consultant September 11, 2018 The former head of the Serious Fraud Office, David Green, has confirmed his move to magic circle firm Slaughter and May after months of speculation. Green left the government agency in April this year after six years at the helm and was replaced by former FBI lawyer Lisa Osofsky. Slaughter and May said Green [...]
Litigation funder Vannin Capital lines up £1bn London float September 10, 2018 Litigation funder Vannin Capital said today it is planning to list in London next month in a float that market sources say could hit a £1bn valuation. The listing will comprise an approximately £70m issue of new shares by the company and the sale of shares by existing shareholders to facilitate a free float of [...]