Sam Bankman-Fried, the former chief executive of the collapsed FTX cryptocurrency exchange, has submitted a request for a retrial. The 33-year-old is currently serving a 25-year prison sentence after being
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HSBC and Barclays are embroiled in a significant legal battle, facing a twelve billion dollar lawsuit linked to allegations surrounding La Hougue, a now-defunct offshore trust business. This trust is
The individuals behind the suspected £200 million Ponzi scheme, known as the 79th Group, have been declared bankrupt as part of ongoing efforts to recover lost investor funds. The bankruptcy
The High Court is set to hear claims that Lloyds Banking Group could be liable for more than 280 million pounds in damages following its involvement in the Arena Television
In a world increasingly driven by digital convenience, an alarming trend is surfacing in car parks across the United Kingdom. Fraudsters are capitalising on the reliance on app- and phone-based
The final chapter in Bernard Madoff’s notorious Ponzi scheme has drawn to a close as victims receive their last compensation payment from a US government fund, with total reimbursements surpassing
Bill Hwang, the once-prominent Wall Street trader and founder of Archegos Capital Management, has been sentenced to 18 years in prison following his conviction for orchestrating one of the most
A devastating High Court ruling has declared London Capital & Finance (LCF) operated as a Ponzi scheme, with the firm’s former chief executive and four associates found liable for damages.
