KPMG’s Fraud Barometer says the pressures on individuals because of the downturn continues to act as a catalyst for more fraud being perpetrated

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UK fraud hits record high

Serious Fraud Office joins other prosecutors around the world in probing suspect payments of $1bn at the Japanese group

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UK opens investigation into Olympus

A BVI judge says defendants who made withdrawals from the largest hedge fund made insolvent by the fraud cannot be forced to return the money

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Court favours investors in Madoff scheme

Serious Fraud Office investigation finds no reasonable chance of convicting hedge fund founder

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SFO drops Weavering probe

Judge says that the court-appointed trustee cannot pursue third parties for allegedly violating their duties in failing to detect the fraud

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Ruling likely to slash Madoff pay-outs

Serious Fraud Office says not enough evidence to prosecute so will focus on tracing ’misappropriated’ assets.

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SFO drops Keydata investigation

Irving Picard seeks $43.8m in legal fees for himself and his law firm for work done in the past six months, bringing the total expenses sought since the fraud’s discovery to $179.7m

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Madoff trustee submits $44m bill

Serious Fraud Office acts after a 15-month investigation into the actvities of Nicholas Levene, a former trader, broker and football club director

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‘Beano’ Levene charged with fraud

Serious Fraud Office brings 16 charges against stockbroker relating to alleged investment fraud.

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Stockbroker charged with investment fraud

The FSA have fined three mortgage brokers over £400,000 and banned them due to mortgage fraud.

Mark bates of Pace Financial Management in Sheffield has been fined £74,683 disgorgement fine included in the overall fine of £264,683. He has been banned from working in regulated financial services.

Alan Hill of Pace has been fined £150,000 and banned from working in regulated financial services for breaching principle 1.

Waqarul Hassan Shah of K S Financial Services in Manchester has been banned from working in the regulated financial services world for inflating his income from £11,700 to £65,000 on a buy-to-let mortgage. He would have been fined £40,000 had it not caused him serious financial hardship.

96 Mortgage brokers have now been banned by the FSA. Perhaps you will be buying a used car from them sometime???