Scammer City boss on the hook for £64m after fraud scheme Investing A City boss compared to the The Wolf Of Wall Street has been ordered to pay back £64m over his role in a multi-million pound Ponzi-style investment scam, prosecutors said. Anthony Constantinou remains on the run after he fled the UK during his fraud trial at London’s Southwark Crown Court in June 2023. Hundreds of [...]
ETF Ponzi funds: How market bubbles are born every day Markets 'Ponzi funds' chasing a small number of stocks are inflating asset prices by as much as $500m every day, a new paper has revealed.