Britain's Financial Conduct Authority has issued a warning to potential investors about a French-language website which is operating without regulation whilst imitating a bona fide company
Read moreFINRA's Investor Education Foundation's new video game "Con 'Em If You Can" is available for play on desktop or by downloading the phone or tablet mobile application, is designed to help investors outsmart investment fraud criminals
Read moreAs part of his remit to tackle corruption and financial crime in Nigeria, the country's president Muhammadu Buhari has issued proceedings against six central bank officials and sixteen private bankers for embezzling $40 million by recirculating decommissioned Naira bills
Read moreThe revised Sanction Guidelines now advise FINRA adjudicators to strongly consider barring an individual respondent, or expelling a firm, for cases involving fraud
Read moreFederal court in Florida orders restitution, a civil monetary penalty, and permanent trading bans against Inter-Global Currency & Precious Metals and Stavros Papastavrou for engaging in illegal, off-exchange precious metals transactions
Read moreBritish regulatory authority warns that a bogus website is operating which unlawfully uses the same name as global investment giant BlackRock, as well as the firm's FCA registration number
Read moreFollowing a complaint by the NFA in September last year, the regulator has now accepted an offer that Comtrade Financial Company owner Michael A Plaia should refrain from NFA membership for two years and pay $10,000 to reapply after that period, and that his colleague, Nickolas Weber, should never re-apply for NFA membership
Read moreCFTC SmartCheckSM is a national campaign that launched in November 2014 to help investors identify and protect themselves against financial fraud
Read moreASIC, which previously seized $3 million from self-styled FX mentor Senen Pousa, has opened a prosecution hearing against him for operating in Australia without a license, just over a after he was fined $192 million and banned from operating in the United States by the CFTC for FX fraud
Read moreFraudulent schemes have reached new highs and the latest example in this respect comes with regard to insolvent retail Forex broker Alpari UK. The ill-fated company, which has more than 100,000 clients still waiting to get their funds back, had subsidiaries in several other jurisdictions, including Japan and China. Clients of Alpari's Chinese business are…
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