A former hedge fund analyst roped his sister, his best friend and the best friend's girlfriend into a "rigged" insider trading scheme from their small flats during the COVID-19 pandemic for a "very old" yet "very simple" reason, prosecutors told jurors in London on Tuesday — "greed."
A former hedge fund analyst roped his sister, his best friend and the best friend's girlfriend into a "rigged" insider trading scheme from their small flats during the COVID-19 pandemic for a "very old" yet "very simple" reason, prosecutors told jurors in London on Tuesday — "greed."
The Financial Conduct Authority on Tuesday released its revised enforcement guide, setting out additional circumstances when it may publicize investigations.
A business lawyer who was partly responsible for running a €428 million ($488 million) tax fraud scheme was issued a suspended sentence of almost two years, according to a verdict Tuesday in a Bonn court.
The Serious Fraud Office announced on Tuesday that it has launched an investigation into an alleged solar farm bond fraud after failed investments forced an English council into bankruptcy.
The government has threatened to sue Roman Abramovich to make sure that £2.5 billion ($3.4 billion) made from the sale of Chelsea Football Club is used to support humanitarian aid in Ukraine.
An NMC Health administrator on Tuesday said that the healthcare group's financial statements were "structured to conceal" the group's real financial position including $3.8 billion of unreported debt, as he testified during the London trial against the group's auditors, EY.
The company behind high-speed rail project HS2 has agreed to pay a former analyst more than £319,000 ($431,500) after he accused the company of excluding him from two roles following his warning that cost forecasts were being manipulated to secure funding.
Apple is challenging new rules imposed by European enforcers that require iPhones and iPads to work more seamlessly with third-party devices, saying the rules create privacy and security risks for users and threaten to hamper innovation.
Vera Baird KC will take over as the interim head of the troubled government body responsible for investigating miscarriages of justice, filling a role that has been vacant since January, the Ministry of Justice revealed Tuesday.
