The leader of an identity fraud gang which stole almost £200,000 has been jailed for four years.
David Levi, 29, of Clifton Drive North in Lytham, Lancashire, tricked people using the internet auction site eBay into giving away their account details.
He admitted three counts of fraud and perverting the course of justice at Preston Crown Court on Tuesday
Ronald Isley, lead singer of the Isley Brothers, is facing a maximum 26-year jail sentence after being convicted in the US of multiple tax evasion charges.
Isley, whose band’s hits included This Old Heart of Mine and Summer Breeze, denied five counts of tax evasion and one of failing to file a tax return.
Prosecutors said he had demanded cash for live shows and used other members’ royalty cheques for himself
The Serious Fraud Office has begun an investigation into Severn Trent Water.
The office was contacted by water watchdog Ofwat which has been holding its own investigation into the company after allegations from an employee.
The allegations concern fears the water company provided unreliable information, particularly accounting inaccuracies, to Ofwat
Millionaire businessman Oleg Kiselev has resigned as chairman of investment bank and brokerage Renaissance Capital to fight allegations of fraud.
Mr Kiselev has denied the charges, which were brought last week and relate to transactions in shares of a metal ore extraction and processing plant.
Calling the charges completely false, Mr Kiselev said he was stepping down to clear his “good name”
Three Romanians who conned eBay customers out of thousands of pounds have been sentenced to a total of eight years’ imprisonment.
The “cell” tricked customers into paying for £300,000 worth of fictitious goods which never arrived.
The man said to be the gang’s ringleader, Nicolae Cretanu, 30, of Forest Gate, London, was given a three and a half year term for the fraud
Financial watchdogs have launched an inquiry into Austrian bank BAWAG’s 350m euro ($418m; £237m) loan to the ex-boss of crisis-hit US finance firm Refco.
Austrian regulators are investigating if BAWAG followed proper rules when it granted the loan to Phillip Bennett.
Refco has been struggling since its former chief executive was charged with fraud and concealing a $430m loan ahead of a stock market flotation
Malawi’s Anti-Corruption Bureau has summoned ex-president Bakili Muluzi to a hearing about his financial dealings with foreign donors next week.
It intends to ask him what happened to millions of dollars of aid during his rule, which ended last year.
The announcement came as parliament renewed its drive to impeach current President Bingu wa Mutharika
The former chief executive of US brokerage Refco has been charged with securities fraud, sending the company’s shares down 22% in New York.
Phillip Bennett is accused of hiding millions of dollars of debt owed to Refco by another firm he controlled.
The purpose of such a move was to make Refco look stronger than it was ahead of its $583m (£333m) float in August, US Attorney Michael Garcia alleges
US cable TV group founder John Rigas – convicted of fraud and conspiracy last year – has been indicted with new charges of tax avoidance.
Mr Rigas and his son are facing charges of taking part in a $300m (£170m) tax evasion scheme, prosecutors said.
The Adelphia Communications founder is currently appealing against his conviction for the firm’s collapse
Offices of oil giant Yukos in Russia and the Netherlands have been raided as part of an inquiry into allegations that up to $7bn (£4bn) was laundered.
Prosecutors said four offices in the Moscow region, as well as a subsidiary in Amsterdam, were involved.
Investigators said they were looking into claims that money was stolen and taken abroad from 2000 to 2003