Financial

A young boy has recalled the moment he was approached at the school gate by a stranger who talked him into becoming a professional money launderer at just 15.

Speech by Deb Jones, Director of Supervision, Life Insurance and Financial Advice, delivered at the FCA and TPR Joint Regulatory Strategy - one year on event.

Three former Barclays executives charged with fraud in connection with Qatar’s part in the bank’s emergency cash injection during the financial crisis face trial tomorrow.

Three money launderers who pocketed a share of a £1million ‘rare earth’ metal scam have been jailed.

A number of supercars have been seized and three men arrested as part of an investigation into a potential multimillion-pound fraud.

Dentons is to defend the Royal Bank ofScotland (RBS) over allegations the bank’s staff falsified a customer’s loan documents, The Lawyer reports.

https://www.scottishlegal.com/article/dentons-to-defend-rbs-in-alleged-fraud-case

LONDON (Reuters) - Three former Barclays (BARC.L) executives face a London jury in a high-profile criminal trial over how the British bank secured billions of pounds from Qatari investors and averted a taxpayer-funded bailout during the global financial crises in 2008.

https://uk.reuters.com/article/us-britain-barclays-qatar/former-top-barclays-bankers-face-fraud-trial-over-2008-qatar-rescue-idUKKBN1WJ1VH

It’s not hard to see why there have been so many cryptocurrency scams and why they’re so successful. It only needs a combination of folk who want to get rich in life but are, for some reason, too trusting and likely to fall for a scam, and thieves — and there’s no shortage of either.

https://uk.finance.yahoo.com/news/forget-bitcoin-sure-avoid-scams-124948246.html?soc_src=social-sh&soc_trk=tw

Martin Shields and Nick Diable are accused of tax fraud in ‘cum-ex’ scandal worth €60bn that exposes City’s pursuit of profit

A milkman who got into financial difficulties has been sentenced for money laundering.