Passing reference in US criminal indictments prompted HSBC to probe transactions
As payment fraud proliferates, governments, banks and tech companies disagree on who should cover consumer losses
Also in this newsletter: German-Russian tension on the high seas
Nine people under house arrest or being sought for suspected malfeasance linked to property sector
Court rejects Truong My Lan’s appeal against death sentence over embezzlement
Financial Conduct Authority fined lender £50mn over 2008 emergency fundraising
Former Wall Street trader was convicted of fraud and manipulation in scheme that resulted in big losses for banks
Crypto exchange’s former chief technology officer credited by judge for swiftly helping prosecutors
Luxury cars and boats among items seized over widespread VAT fraud scheme, says European prosecutor
Money will be used to reform how the UK agency manages its cases and handles evidence
Pharmaceutical group confirms four other current and ex-executives investigated, in addition to Leon Wang
Coder was one of several members of Sam Bankman-Fried’s inner circle to testify against their former boss at trial
£570mn stolen in the first half of the year, says UK Finance
The UK must equip law enforcement to tackle increasingly sophisticated criminals and give victims confidence to report
Ministers urged to consider levy on tech groups to compensate victims of online scams
Also in this newsletter: Von der Leyen goes to Moldova bearing gifts
Industrialist faces multiple charges of failing to deliver accounts’ copies to Companies House
Sting operation has already led to three arrests for ‘on-demand market manipulation’ on trading platforms
As the focus shifts from blaming customers to shutting down scammers, most victims will receive automatic refunds. But is it enough?
Tech group to roll out channel for sharing of transaction intelligence
New fraud rules will see some lenders dock customers’ compensation while others waive charges
Nick Ephgrave says ‘failure to prevent’ wrongdoing offence may spur ‘uptick’ in deferred prosecution agreements
Survey shows half of UK fraud victims gain at least a partial refund for their losses
Legal battle over how UK-based bank pays its dividend
Antonio Neri says company will ‘see through’ effort to seek damages in UK court despite death of former Autonomy chief
