Financial

The ringleader of a £2.8m fraud has been jailed for 13 years after being prosecuted by the Financial Conduct Authority.

https://www.ftadviser.com/regulation/2018/09/17/ringleader-of-2-8m-fraud-jailed-for-13-years/

Banks called in to help battle against consumer scams Save Save Banks stopped £1.4bn of fraud last year, but customers still lost almost £1bn through scams

https://gooruf.com/uk/news/2018/09/16/banks-called-in-to-help-battle-against-consumer-scams/

Police Scotland have been asked by MPs to investigate individuals implicated in a £245 million fraud at HBOS Reading that destroyed scores of small businesses.

http://www.thenational.scot/news/16882530.mps-ask-police-scotland-to-examine-hbos-fraud/

Kweku Adoboli wins bid to delay being deported to Ghana, which he left as a four-year-old

https://www.theguardian.com/business/2018/sep/17/uk-deportation-ubs-kweku-adoboli-ghana

Supporters of a former UBS trader facing deportation to Ghana after being convicted of fraud are preparing an 11th hour legal challenge to try and keep him in the UK.

https://www.expressandstar.com/news/uk-news/2018/09/16/rogue-trader-convicted-of-fraud-launches-last-ditch-attempt-to-avoid-deportation/

NCA opens case into limited liability partnership and warns of ‘route for money laundering’

https://www.ft.com/content/10a45c32-bcf7-11e8-94b2-17176fbf93f5

Officers from the NCA’s International Corruption Unit have arrested a former Pakistani Politically Exposed Person, aged in his 40s, and his wife, aged in her 30s, in connection with alleged money laundering in the United Kingdom believed to be the result of corruption in Pakistan.

http://www.nationalcrimeagency.gov.uk/news/1468-former-pakistani-politically-exposed-person-arrested-in-nca-investigation

Four men have been sentenced to 12 years and 8 months at Southwark Crown Court for conspiracy to defraud and money laundering offences.

http://www.itv.com/news/london/2018-09-14/fraudsters-jailed-for-2-4-million-fraudulent-carbon-credit-scheme/

Cynical, repellent, despicable – just some of the words used today by a judge to sum up a share fraud that cost investors millions of pounds.

https://www.channel4.com/news/fraud-ringleader-jailed-for-fleecing-investors

The SME Alliance – a small business group that lobbies for fair treatment by banks and advisers – told the Press Association it will hold quarterly meetings with Barclays in what is expected to kick-start a raft of regular engagements with British lenders.

https://www.shropshirestar.com/news/uk-news/2018/09/09/barclays-to-hold-regular-meetings-with-lobby-group-hoping-to-avoid-bank-scandals/