FM Home
> Fraud
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Crypto's New Policy Era: Why Market Structure Reform Matters Thought Leadership

fraud

Search for a tag
Regulation

U.S. Forex and Commodities Trader Faces Over $4.7m Penalty for Fraud

  • Stroud Capital Management, TS Capital Partners, and TS Capital Management defrauded at least 17 investors.
Tuesday, 22/03/2016 | 21:11 GMT by Finance Magnates Staff
Regulation

Ex-Deutsche Bank Trader Receives FCA Ban

  • The British financial market watchdog has banned a former Deutsche Bank trader following LIBOR fraud.
Thursday, 03/03/2016 | 12:00 GMT by Damian Chmiel
Regulation

UK Boiler-Room Fraudster Jailed After Swindling Nearly £1m

  • Joseph Emery has pled guilty to fraud by false representation, related to 950,000 GBP that he stole from investors.
Wednesday, 17/02/2016 | 18:06 GMT by Steven Hatzakis
P2P Lending

Fraud on a Chinese Scale: 900,000 Investors Deprived of $7.6 billion

  • Chinese fraudsters scammed almost 1 million investors of a year's salary.
Tuesday, 02/02/2016 | 15:06 GMT by Victor Golovtchenko
Brokers

Court Suspends UTrade Premium Investment Activities

  • The brokerage is banned from all investment activities after an audit revealed financial misreporting. For CEO Aviv Talmor, it’s not the first time investigators are knocking on the door.
Tuesday, 22/12/2015 | 14:45 GMT by Dan Magen
Regulation

FCA Warns about 1st Loan Clone

  • The unauthorized entity uses the name of a legitimate firm to target the more gullible
Thursday, 03/12/2015 | 19:35 GMT by Irina Slav
Regulation

New Zealand Registered Broker IB Capital FX Charged by CFTC in $50m Scheme

  • The case is related to Senen Pousa and Investment Intelligence Corporation that had over 960 clients worldwide.
Monday, 16/11/2015 | 21:29 GMT by Victor Golovtchenko
P2P Lending

Everline and Ezbob Are Latest Lenders to Tap AU10TIX for Fraud Verification

  • Online lenders continue to see value in automated identity fraud prevention tools used for onboarding new customers.
Sunday, 15/11/2015 | 17:54 GMT by Ron Finberg
Regulation

10 Bankers Face Court Over Euribor Rate Rigging

  • After the huge Libor-related settlements and fines, regulators are focusing on Euribor-rigging allegations
Friday, 13/11/2015 | 17:48 GMT by Irina Slav
Brokers

FXOpen Targeted by Clones, Warns Clients to Be Careful

  • The retail forex broker warns its clients that using the services of the clones could jeopardize both their FXOpen accounts and personal information.
Thursday, 12/11/2015 | 09:34 GMT by Irina Slav
Data

Talking Financial Fraud and Cyber Security at the Web Summit's Money Summit

  • Panelists at the Money Summit portion of Web Summit took the stage to discuss cyber security and financial fraud last week.
Tuesday, 10/11/2015 | 20:33 GMT by Ron Finberg
Regulation

SEC Charges Trader with Stock Manipulation Over False Tweets

  • James Alan Craig causes a crash in the stock prices of two US-listed companies but failed to benefit from it
Friday, 06/11/2015 | 14:11 GMT by Irina Slav
Regulation

NFA Permanently Bans Philip Mack Worley and McElhannon Group After FX Fraud

  • Mr. Worley and the McElhannon Group were found to be using misleading promotional materials that guaranteed unrealistic returns.
Thursday, 22/10/2015 | 08:55 GMT by Jeff Patterson
Brokers

Feds Reveal to Scottrade That They Were Target of Cybertheft

  • Cyber theft revelations continue as Scottrade announced that they were the target of data theft between late 2013 and early 2014.
Sunday, 04/10/2015 | 09:27 GMT by Ron Finberg
Brokers

FXCM the Target of Cyber Crime, Launches Investigation

  • FXCM announces that unauthorized withdrawals were issued from customer accounts as the firm investigates a cybersecurity breach.
Thursday, 01/10/2015 | 11:19 GMT by Ron Finberg
Data

Fintech Spotlight: BioCatch and Pattern Recognition to Fight Banking Fraud

  • RATS in the browser are a growing problem for banks in the game of cyber 'cat and mouse' that they must play to secure their customers' accounts
Sunday, 20/09/2015 | 12:36 GMT by Ron Finberg
Regulation

CWM Clients Launch Class Action against Off Shore Bank over £50m Fund Fraud

  • Affected investors in CMW's managed fund are seeking legal recourse over alleged fraud, filing a class action in a bid to recover money.
Thursday, 20/08/2015 | 08:21 GMT by Andy Traveller
Regulation

As Hacking Scheme Ties Revealed, Concorde Postpones 'Forex Trend 2.0' Launch

  • 'Forex Trend 2.0' has been formally postponed, just one week after Concorde Capital found itself facing SEC charges for fraud.
Monday, 17/08/2015 | 13:28 GMT by Jeff Patterson
Regulation

OZ Management LP Fined $4.25 Million For Misleading Data

  • The firm's dodgy data beleaguered the books of its four prime brokers and flowed into various SEC records and data.
Tuesday, 14/07/2015 | 15:54 GMT by Andy Traveller
Brokers

Offshore Brokerage Operating in Ukraine and Russia Goes Under

  • As first reported by Finance Magnates Russia, the exodus of the Eastern European forex industry is continuing with RVD Markets
Tuesday, 23/06/2015 | 07:25 GMT by Victor Golovtchenko
Regulation

Organized Crime Group in UK Dealing with Share Fraud Jailed

  • The scheme was executed from Palma de Mallorca in Spain, targeting UK clients and stripping them of £3 million
Friday, 29/05/2015 | 11:45 GMT by Victor Golovtchenko
Expert Insights

Seven Ways to Minimize the Problem of Friendly Fraud

  • Friendly fraud can vary a lot between types of online transactions. Some industries are more affected by friendly fraud than others.
Tuesday, 26/05/2015 | 09:07 GMT by Jeff Patterson
Analysis

Breaking: Chelsea FC Partners CWM Were Target of Police Heron Tower Raid

  • The City police is urging anyone who has invested in CWM’s managed funds offering 5% interest per month to get in contact. The 13 arrests this month were meant to "stop what we believe was an ongoing criminality".
Wednesday, 25/03/2015 | 11:15 GMT by Avi Mizrahi
Analysis

Fraud Alert: Belgium FSMA Warns against a New Breed of Forex Scams

  • Fake lawyers, accountants and financial advisors are claiming that they are somehow able to recover deposits of clients who have lost money in trading forex and off exchange binary options contracts.
Monday, 16/03/2015 | 17:41 GMT by Victor Golovtchenko
Regulation

PFG Customers Gain Relief as CFTC Orders US Bank National Association to Pay $18 Million

  • A US court has placed a permanent injunction against US Bank National & ordered it to pay $18 million to PFG’s clients, the custodian and clearing bank was found guilty of mishandling client money held in segregated bank accounts.
Wednesday, 04/02/2015 | 18:31 GMT by Adil Siddiqui
Next Previous
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}