30 h. ago Short seller Jim Chanos predicts more First Brands fiascos in private credit

Investor famed for spotting Enron fraud sounds alarm on Wall Street’s booming debt machine

Economics

30 h. ago Jim Chanos slams ‘magical machine’ of private credit after First Brands collapse

Investor famed for spotting Enron fraud sounds alarm on Wall Street’s booming debt machine

Economics

3 d. ago DWP’s new fraud powers explained as claimants warned what to expect

The government is cracking down on benefit fraud by providing the Department for Work and Pensions with new investigatory powers

Events

3 d. ago DWP could be given increased powers to investigate fraud amid crackdown

Benefit claimants suspected of making fraudulent claims could face new DWP investigatory powers next year

Events

3 d. ago Britain and China 'set to battle over BitQueen's fortune' after £5 billion cryptocurrency fraud seizure

Chinese national Zhimin Qian was convicted on Monday for her role in a major money laundering scheme following a seven-year investigation by Metropolitan Police detectives

Economics

4 d. ago Britain and China 'will battle for Bitcoin queen's fortune': £5billion of cryptocurrency could plug hole in Rachel Reeves' budget

Chancellor Rachel Reeves has apparently earmarked the money to help fill a blackhole in her Budget.

Economics

4 d. ago Britain and China 'will battle for Bitcoin queen's fortune' after she laundered cryptocurrency from £5BN investment fraud

Chancellor Rachel Reeves has apparently earmarked the money to help fill a blackhole in her Budget.

Economics

4 d. ago Chinese 'Bitcoin queen' admits laundering cryptocurrency from £5billion investment fraud with the help of her takeaway worker assistant

Zhimin Qian, also known as Yadi Zhang, admitted charges of possessing and transferring criminal property on the first day of her trial at Southwark Crown Court.

Economics

7 d. ago Cops probing ‘mishandling of human remains’ at Scots funeral parlour appeal for more witnesses to come forward

BEREAVED relatives who allege their late loved ones’ ashes may have been mishandled by a funeral firm suspected of fraud have been urged to contact cops. Officers are already investigating more than 70 complaints made by people who dealt with the former A Milne Independent Funeral Directors, in Glasgow and Dumbarton. And now as part...

Events

8 d. ago Funeral directors investigated over allegations of missing ashes and fraud

Investigators are working through ‘hundreds of lines of inquiry’ as part of the investigation

Events

9 d. ago DWP to investigate anyone suspected of benefit fraud in crackdown

The Department for Work and Pensions has issued a warning to anyone who is suspected of committing benefit fraud - and it could see you visited at home

Events

2 w. ago US attorney whose office is investigating Letitia James is told he's being removed, AP source says

The U.S. attorney whose office has been investigating mortgage fraud allegations against New York Attorney General Letitia James has been told to resign or be fired

Society

3 w. ago Police make more arrests in east London council housing fraud investigation

Four people have now been arrested in major police operation targeting housing fraud in East London

Events

3 w. ago DWP clarifies rules on contacting neighbours during benefit fraud probes

A Freedom of Information (FOI) request has raised concerns that DWP fraud investigators might use neighbours to investigate benefit fraud cases, with DWP now giving their response

Politics

3 w. ago The ‘bizarre’ referral of the US housing finance agency chief to oust Lisa Cook

Former officials and experts say Bill Pulte’s request for inquiry into Fed governor’s alleged fraud is ‘unusual’The head of the Federal Housing Finance Agency embraced a highly unusual process to accuse Lisa Cook, a Federal Reserve governor, of committing mortgage fraud, former officials and experts have said. One former high-ranking official called the director’s involvement in a criminal referral “bizarre”.William Pulte, a businessman and major GOP donor whom Donald Trump appointed to head the powerful housing agency earlier this year, has accused Cook of committing mortgage fraud by misrepresenting her homes as a primary residence, potentially securing more favorable mortgage rates. The justice department formally opened a criminal investigation into whether Cook committed fraud and has issued subpoenas related to the transaction. Cook’s lawyers have called the discrepancies a “clerical error” and she has denied any wrongdoing. Continue reading...

Politics

4 w. ago US justice department opens criminal inquiry into Fed governor Lisa Cook

Officials to investigate claims of mortgage fraud against Cook, who has refused to accept firing by Donald TrumpThe US justice department has initiated a criminal investigation into mortgage fraud claims against Federal Reserve governor Lisa Cook as a lawsuit she filed against Donald Trump over her firing makes its way through court.Lawyers with the justice department have issued subpoenas for the investigation, according to the Wall Street Journal, who first reported the investigation, which has since been confirmed by multiple news publications. Continue reading...

Society

4 w. ago US justice department reportedly opens criminal inquiry into Fed governor Lisa Cook

Officials to investigate claims of mortgage fraud against Cook, who has refused to accept firing by Donald TrumpThe US justice department has initiated a criminal investigation into mortgage fraud claims against Federal Reserve governor Lisa Cook, according to new reports, as a lawsuit she filed against Donald Trump over her firing makes its way through court.Lawyers with the justice department have issued subpoenas for the investigation, according to the Wall Street Journal. Continue reading...

Society

4 w. ago Justice Department probes mortgage fraud claims against Lisa Cook of Federal Reserve, AP source says

The Justice Department has issued subpoenas as part of an investigation into mortgage fraud allegations against Lisa Cook, who is fighting a Trump administration effort to remove her from her role as a Federal Reserve Governor

Society

last month DWP on whether next door neighbours could be contacted during benefit fraud investigation

The DWP has responded to a Freedom of Information request which asked whether or not neighbours could be contacted during a benefit fraud investigation

Events