On March 10, 2010,
in Boiler Rooms, Scams, Securities Industry (general), Serious Fraud Office, United Kingdom,
by IW Dog
British Case Shows the Multi-National Nature of Financial Fraud
On February 16, 2010,
in Austria, Scams, Securities Industry (general), United Kingdom,
by Investor's Watchblog
You have something in common with the residents of the Austrian state of Styria. Scam artists have been trying to separate them from their nest eggs. According to the Austrian Independent, investors in Styria have fallen victim to a pyramid scheme that promised them a return of 100 percent return after one year in exchange [...]
On January 21, 2010,
in Investor Protection, Investors at Risk, Retirees, Scams, Serious Fraud Office, United Kingdom, United Kingdom,
by Investor's Watchblog
The island of Majorca is off the Mediteranean Coast of Spain. For many years it has been a favorite vacation spot for Brittons seeking sunshine and retirement. The UK’s Serious Fraud office has launched an investigation into a possible 20 million pound fraud that targeted British retirees living on the island. Specifically, the SFO believes [...]
You Are On The List
Britain’s Financial Services Authority (“FSA”) has exposed a reality that few appreciate: scam artists know your name. According to a press release from the FSA: The Financial Services Authority (FSA) and City of London Police (CoLP) have contacted 1,000 people across the UK to warn them that their personal details are on a ‘master list’ being used by fraudsters to target and sell them worthless shares.