The landscape of company registration in the United Kingdom is set for a significant shift as new director verification rules come into force this week. From 18 November, anyone seeking
All posts tagged in financial crime
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The six-year search for Zhimin Qian, the Chinese orchestrator of the United Kingdoms largest money laundering case, concluded with her arrest in a modest York Airbnb. At age forty-seven, Qian
The remains of three dinosaurs sold at auction for £12.4 million have been seized under proceeds of crime law, casting a spotlight on the intersection of ultra-wealth and international investigations.
Denmark’s attempt to recover £1.4 billion from convicted fraudster Sanjay Shah has failed at the High Court in London, marking one of the most high-value legal defeats in recent British
The UK finds itself at the centre of an international dispute after seizing bitcoin worth over £5 billion from Zhimin Qian, known as the BitQueen, in one of the largest
Digital challenger bank Monzo has been slapped with a £21 million fine by the Financial Conduct Authority (FCA) after its verification systems allowed customers to open accounts using patently absurd
In a significant development within the financial sector, Standard Chartered Bank is confronting a massive $2.7 billion lawsuit related to the infamous 1MDB scandal. The legal action, filed in Singapore’s
HM Revenue and Customs (HMRC) has suffered a significant financial blow, losing £47 million to an organised phishing scam that targeted over 100,000 individual taxpayer accounts. This disclosure was made
The largest cryptocurrency exchange in the United States, Coinbase, has revealed that a recent cyber-attack targeting a “small subset” of its customers could cost the company between $180 million and
In a devastating blow to the cryptocurrency sector, Dubai-based exchange Bybit has experienced what experts are calling the largest digital theft in history, with hackers successfully absconding with £1.2 billion
A former City fund analyst stands accused of orchestrating a sophisticated insider trading scheme that netted nearly £1 million through illegal trading activities. Redinel Korfuzi, 37, who worked as a
In a landmark ruling that marks one of Denmark’s most significant financial crime cases, British hedge fund trader Sanjay Shah has been sentenced to 12 years imprisonment for orchestrating a
Fresh data from the Financial Conduct Authority (FCA) suggests insider dealing could be occurring in as many as one in three takeover bids in the UK, though the overall trend
British authorities have uncovered a sophisticated multibillion-dollar money laundering operation that connected Russian spies and European drug traffickers through cryptocurrency networks, enabling them to bypass international sanctions. The National Crime
Swiss prosecutors have unveiled damning allegations against commodities trading behemoth Trafigura, accusing the firm of orchestrating a €5 million bribery scheme targeting an Angolan official. The unsealed indictment places the
