Financial

An elderly couple who lost their £80,000 life savings to a fraudster pretending to be endorsed by Martin Lewis claim they were told by their account holder Revolut to use a foodbank when they asked for their money back.

https://www.msn.com/en-gb/money/other/pensioners-who-lost-%C2%A380000-told-to-use-a-foodbank-by-revolut/ar-AA1adwM2

A deceptive fraudster has been jailed after scamming over £1m from North East victims.

https://www.durham.police.uk/News/News-Articles/2023/April/Deceptive-fraudster-jailed-after-scamming-over-1m-from-victims.aspx

The UK’s finance watchdog has begun an investigation into beleaguered tech firm WANdisco amid concerns over fraud.

https://uk.sports.yahoo.com/news/fca-investigates-wandisco-amid-fraud-062423506.html

Victims who have lost thousands of pounds in a cruel scam that sees fraudsters impersonate their bank have slammed Revolut for their response.

https://www.thisismoney.co.uk/money/article-11927943/More-fraud-victims-speak-trendy-e-money-app-Revolut-refused-refunds.html

Three people have been jailed for a combined 24.5 years for their roles in an investment fraud after being prosecuted by the Financial Conduct Authority.

https://www.ftadviser.com/regulation/2023/04/06/three-jailed-for-total-of-24-5-years-for-1-2mn-investment-fraud/

The Financial Conduct Authority has begun criminal proceedings against four people accused of committing fraud.

https://www.ftadviser.com/fca/2023/04/06/fca-brings-charges-in-1-4mn-investment-fraud/

The Financial Conduct Authority has begun criminal proceedings against four people accused of committing fraud.

The regulator alleges that three men and one woman defrauded investors out of £1.4mn between February 2017 and June 2019, through investment schemes that were not genuine.

A man and woman from Nottingham have been arrested as part of an inquiry into a Ponzi investment scam.

https://www.bbc.co.uk/news/uk-england-nottinghamshire-65090049

Alistair Greig used fraudulently obtained funds to preserve a lavish lifestyle of luxury vehicles and trips to high-profile sporting events.

https://news.stv.tv/north/scots-ponzi-scheme-kingpin-who-conned-victims-out-of-13m-ordered-to-pay-back-just-814

SEVERAL warrants have been carried out to combat fraud and money laundering across the South East – including Aylesbury.

https://uk.news.yahoo.com/seven-arrests-warrants-executed-combat-103948856.html?guccounter=1&guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAAEeakPy27U1KFa8YGb4vG1NfJXXZl1Z5yvC06QV5UA6_DltFN4rtXcZR0kIGTsrJe2IiGIqnM83PVToZIaYZJEbFNfiCfkBQp_P-COwUOCM1Vddff4ZnCWqLZcUMLFJn7e3sYViddsdu7vKX9VQ917Icgyomv9bcFiq2zgdDIcZk