The BBC follows up on the billion-dollar Moldovan bank scam, and Naked Capitalism kicks off a new series on money laundering in the UK
Read more...The fallout from GXG Markets closure begins: Capital Venture Europe files a lawsuit
Read more...Updating the bizarre story of Questus Global Capital Market, a New Brunswick-incorporated, GXG-listed, New-Zealand-FSP-brokered company of monstrously fraudulent aspect that had apparently ensnared a Malaysian billionaire, various US-based small businesses and retail investors, and a couple of princes from the royal families of Kuwait and Abu Dhabi.
Read more...Yves here. Richard Smith is on the trail of what looks to be his biggest international scam find ever, orders of magnitude larger than the usual below the radar single to low double digit million dollar/pound/euro operation that he has ferreted out in the past. And mind you, even though he focuses on the dubious […]
Read more...Power 8, Sponsor of Everton FC, Fulham FC and RCD Espanyol, is a $250Mn Pyramid Fraud.
Read more...Why is it Groundhog Day? Back in 2011, I wrote a seriously messy blog post about dodgy New Zealand FSPs (Financial Services Providers), their dodgy web sites and people and addresses, and the evidently nonexistent oversight of all of this by the NZ Ministry of Economic Development and the NZ Companies Office. To my surprise, […]
Read more...How modest homes in some of Scotland’s poorest areas became prolific ‘company factories’, and how those companies were used in a giant Moldovan bank fraud
Read more...The role of UK Partnerships in a $1Bn bank fraud in Moldova
Read more...By Richard Smith It’s high time for an update on this vast fraud story, which has, near its core, Bryan Cook and Thomas Yi, of bogus international investment bank London Capital. Here’s a synopsis of the story so far at NC, and the global press coverage that has ensued. First, there was “Is Power8, Sponsor of […]
Read more...As the regulatory actions accumulate, Belvedere Management looks less and less like a maligned fund manager, and more and more like a giant fraud. How much of the $16Bn it purported to manage is left?
Read more...A shallow dive into the financial dealings of Krystal Ball of MSNBC and her husband Jonathan Dariyanani
Read more...David Marchant says Belvedere Management is a “Massive Criminal Enterprise”. Has he gone mad, or hit the investigative journo’s jackpot?
Read more...The CWM FX fraud bust, a murder, Princess Anne and some groping. It’s BAU in the world of sports sponsorship.
Read more...The Virgin Gold scam hits the press, along with London Capital and Bryan Cook
Read more...Fallout from the HSBC session of the Public Accounts in which Mossack Fonseca’s name cropped up and Margaret Hodge administered a few tongue-lashings
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