City of London Police seize £30M generated from FX, Ponzi schemes LeapRate

April 25, 2016 BY Maria Nikolova

City of London Police seize £30M generated from FX, Ponzi schemes

In what is seen as the biggest ever money seizure by UK law enforcement, the City of London Police today announced it took possession of bankers’ drafts worth £30 million following the arrest of a South Wales man. The funds are suspected to have been generated from overseas organised crime, including Ponzi schemes and on…

February 24, 2016 BY Maria Nikolova

London police arrest mastermind behind fraudulent binary options broker Base2Trade

Detectives from the City of London Police this morning arrested the suspected mastermind of Base2Trade, a binary options broker that defrauded its clients of about £2 million. The 38 year-old man, from Chingford, Essex, was arrested at City Airport, as he was returning from Cyprus where he had fled to a few weeks before a…

July 17, 2015 BY Andrew Saks-McLeod

CEO of belly-up company FX World has been director of seven failed firms

Clint Canning, CEO of FX World, a British based managed account provider that went bankrupt and is now the subject of a fraud investigation by City of London Police, has been director of seven failed companies

Tag: city of london police