Financial

The FCA has issued a warning that GLC Car Insurance is targeting consumers in the UK through the social media platform.

https://www.insuranceage.co.uk/broker/3791176/unauthorised-broker-targets-customers-on-instagram

The Home Secretary and Chancellor will jointly chair a government taskforce which will work to tackle economic crime.

Britain will work with the financial industry to crack down on fraud, corruption and dirty money by launching a task force that will include senior banking figures, the finance ministry said on Monday (January 14th). 

https://eutoday.net/news/business-economy/2019/uk-task-force-to-crack-down-on-fraud-corruption

Financial Ombudsman has overhauled the way it deals with fraud complaints

https://www.dailymail.co.uk/money/beatthescammers/article-6595823/Join-fraud-fightback-Landmark-ruling-paves-way-bank-scam-victims-money-back.html

Action Fraud warns the public as fraudulent wine investments go sour.

https://www.actionfraud.police.uk/alert/dont-make-a-pour-investment-decision-this-dry-january

This table contains information about fines published during the calendar year ending 2018. The total amount of fines is £60,467,212.

https://www.fca.org.uk/news/news-stories/2018-fines

A former financial adviser convicted for his involvement in a £4.5m investment fraud revealed to police officers how "easy" it was to commit his crimes.

https://www.ftadviser.com/your-industry/2019/01/09/playboy-adviser-reveals-how-he-took-4-5m-from-clients/

Cryptocurrency has not completely upended the established economic structures as some had hoped but it has certainly made an impact on the world.

https://www.computerworlduk.com/it-business/blockchain-cryptocurrency-trends-for-2019-3689745/

He was a director in a firm that cold-called unsuspecting members of the public, mainly the elderly, and persuaded them to invest thousands of pounds in materials known as rare earth elements, falsely promising big returns.

https://www.itv.com/news/london/2019-01-11/former-victoria-beckham-brother-in-law-jailed-over-1m-fraud/

The bank, which suffered a string of IT outages last year that led to the exit of its chief executive Paul Pester, said the scheme was aimed at fraud prevention and enforcement.

http://www.cityam.com/271347/tsb-backs-met-200000-fund-fight-fraud-london-after-last